5137 51 Av S, Drayton Valley
5137 51 Av S, Drayton Valley
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35 Photos
- Living area: 4176 square feet
- MLS®: e4369083
- Type: Commercial
- Added: 118 days ago
Property Details
This property is in the down town core with great exposure & lots of public parking to the west of the building as well as street parking. Currently there are 4 tenants and room for more. There is a General assessment for 2022. Current rent is $48,240.00 per year. The front end used to have a restaurant which would increase the rent substantially. . Expenses run around $18,000 annually which includes the insurance, taxes, utilities, maintenance & snow removal. The owner is currently paying these expenses. A party wall agreement is in process of being completed. The roof is torch on, the 2furnaces are set up with air conditioning. Recently the furnaced were serviced professionally. There are 3 hot water tanks in the building. One is due to be replaced. There are 2 common area bathrooms. In 1990 the windows and framing were renovated. Gas meters were switched to one bill to save on costs & could be reversed. There are no leases or damage deposits with the tenants. (id:1945)
Property Information
- Year Built: 1961
- Living Area: 4176
- Photos Count: 35
- Parcel Number: ZZ999999999
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