About 120 3 Avenue E
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.
Features of 120 3 Avenue E
MLS® # | A2035409 |
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Price | $275,000 |
Bathrooms | 0.00 |
Acres | 0.14 |
Type | Commercial |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 120 3 Avenue E |
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Subdivision | Downtown Drumheller |
City | Drumheller |
County | Drumheller |
Province | Alberta |
Postal Code | T0J 0Y4 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Additional Information
Date Listed | April 26th, 2023 |
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Days on Market | 559 |
Zoning | DT |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | CENTURY 21 POWERREALTY.CA |
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