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Here's an opportunity to BUY 3.49 acres of partially serviced Industrial Business land in Olds which has long been recognized by developers, investors and entrepreneurs, and settlers alike as an attractive and thriving area to grow. Olds has a recognized trade area population of over 45,000 people driven by both regional service vitality and strong agribusiness performance. Olds is located adjacent to the Queen Elizabeth II Highway between Red Deer and Calgary, with close access to international airport 45 mins south in Calgary, and smaller regional services in Red Deer. Olds is a community that is poised for growth which is reflected by the annexation of 6 quarters & the Cornerstone development featuring Wal-Mart, Canadian Tire, Sobey's and Tim Horton's among others. Recently Olds has become a Cannabis Hub with the attraction of several Licensed Producers which are expected to generate significant employment numbers. The property is adjacent on the west side to the CP rail line which may be advantageous. The land has access to O-NET, a high speed fiber optic broadband network that can provide up to 1000 megabit per second internet, television and toll free long distance. There are two additional Titles and addresses as follows:4346-47th Avenue, Plan 7711198 Block 55 Lot 3, & 4350-47th Avenue, Plan 7711198 Block 55 Lot 2. 4346-47th avenue is leased for $525.00 a month, the pasture area at 4342-47th is leased for $200.00 on a month to month basis.
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Introduction to Investing in Commercial Real Estate
[vc_row][vc_column][vc_column_text]RE/MAX recently released its 2017 Commercial Investor Report, highlighting trends and market activity in several key markets. Following up on the report, we have compiled some introductory tips from some of our brokers and agents for investing in commercial real…