2449 50 St, Drayton Valley

Great exposure on 50 St. and close to the Hwy 22 entrance. The property has office space on the main floor with 6 enclosed offices & a front end reception area that has 3 workstations and a display area. The main floor also has conference/kitchen area & two bathrooms. The upper offices have access through the main floor as well as the NW corner office space on the upper level. it is a similar layout to the main floor. Upstairs has 5 offices, reception area, conference room, storage room, 2 washrooms & attic storage. There is also a 9100 sq. ft. shop with 3 overhead doors. The shop has an office, washroom, & wash bay, 2 doors are 14' high, and one is 8 ft. The shop depth is 79 ft. in the interior. Imagine having 8 acres to work with. Approximately 5 acres are fenced with more land to the East that is not fenced. The leases in place have 1- and 2-year leases left. Rate of return is 8%. A well looked after building. Exterior is stucco & Brick, and the shop is partially concrete block. (id:1945)