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5027 Industrial Road, Drayton Valley, AB, T7A 1R4

Listing ID# E4041313
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$ 529,900

  • 5027 Industrial Road
    Drayton Valley, AB T7A 1R4
  • Listing ID E4041313
  • Building type: Commercial
  • Stories: 2
  • Status: For Sale/Active
  • Days On Website: 139
  • Age of Building: 1979
  • Community: Drayton Valley

Property Description

PRICED TO SELL! This 2 building 18 unit rooming house has long term tenants and hands on local manager who cleans, collects rents and advertises units. Positive cash flow, leases with security deposits in place. Completely upgraded interior, clean, quiet, well managed. RENOS: new roof on main bldg., fire system, common area kitchen, bathrooms and upgraded units. LOCATED downtown Drayton Valley. Zoned C-1 (office/retail), potential redevelopment in up market or keep as is. Tremendous opportunity to enter the market for less than $30,000 per door.




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