120 3 AVE East Active

Drumheller,AB T0J 0Y4

$ 275000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Drumheller

MLS Listing ID A2035409

Lot Size 6,240 Sqft

Acres 0.14

Property Description

GREAT INVESTMENT OPPORTUNITY FOR SALE: Two spaces on Drumheller’s busiest street. Basement is unfinished. NEW ROOF. Zoned DT for multiple uses. ADDRESS: 120 3rd Ave East - there are two lots . Income for each space :::::::::::::: 120 3rd Ave East :::::::::::::: Rent: Kim’s Hair $990 plus GST x 12 = $11,880+p,g,w :::::::::::::: Rent: Grocery $1050 x 12 = $12,600+p,g,w :::::::::::::: 1320 sq ft :::::::::::::: Less: Insurance Estimated = $1200 Less: Property Taxes Est. = $1700:::::::::::::: Net Income = $21,580 :::::::::::::: $21,580 ::::::::::::::::: = 7.8% return. Kim’s lease until August 2026 Grocery is 3 year lease. Excellent location in downtown Drumheller. Address: 120 3 AVENUE EAST Drumheller, AB :::::::::::::: Roll Number: 01045806 :::::::::::::: Property ID: 0020200458 :::::::::::::: PLAN 2089BN BLOCK 26 LOT 1&2 :::::::::::::: LOT SIZE 120 x 52 FT Parcel Size 6240.000 SQ FT.

Location

Province AB

County Drumheller

Zoning DT

Interior

Inclusions None

Exterior

Lot Frontage 120.0

Building

Dwelling Type Retail

Others

Restrictions None Known

Tax ID 56234437

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