5018 52 Ave - Warehouse FOR SALE


Tofield, AB T0B 4J0
$500,000 CAD
587-414-7709
5018 52 Ave, Tofield, AB for Sale
$500,000 CAD
Warehouse - FOR SALE
1/43
null | Request Cap Rate

5018 52 Ave
Tofield, AB T0B 4J0


HIGHLIGHTS

  • Main street frontage directly on 52 Avenue, Tofield's primary commercial strip, with visibility to local and pass-through traffic.
  • Four grade doors on a ±7,550 SF freestanding shop, rare in a small-market building at this price
  • Highway 14 corridor position: 45 minutes to Edmonton, 30 minutes to Sherwood Park, easy run to Camrose
  • Sits in the heart of the downtown commercial node, surrounded by the IGA, Beaverhill Pharmacy, hotel and bar, pub and grill, multiple restaurants, bar
  • Five contiguous lots totalling ±0.40 acres, giving on-site parking, apron, and yard space that most main-street properties do not have
  • Beaver County demographics support trade services: $74,000 median household income, ±810 households with a strong farm and acreage base, population st

OVERVIEW

Sable Realty is pleased to offer a rare chance to own a ±7,550 SF freestanding shop building on ±0.40 acres, right on 52 Avenue, Tofield’s main commercial street. Offered for sale by Faber Inc. as Trustee, this is a trustee sale priced to move at roughly $66 per square foot - a fraction of what it would cost to build today. The building spans five contiguous lots with main-street frontage and on-site parking and apron space. Formerly operated as an automotive service shop, the property is a natural fit for a tire or repair operation, ag equipment service, welding or fabrication, or any trade that needs shop space and exposure. Tofield is the service hub for a large rural trade area, and Highway 14 puts you about 45 minutes from Edmonton and an easy run to Camrose. Whether you’re an operator tired of paying rent, expanding to a second location, or looking for an affordable base for your business, this is the kind of opportunity that doesn’t come along often at this price. The Property is offered as a trustee sale on an “as is, where is” basis, and the Trustee makes no representations or warranties regarding the Property. Offers will be reviewed as received. All offers are subject to acceptance by the Trustee.

FOR SALE DETAILS

PRICE

$500,000 CAD

PRICE/SF

$66 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Dealership, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

20 Ft

DOCKS

5

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,424

ZONING

C-DC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Noah IssaSable RealtyMore Info
587-414-7709

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Noah IssaSable RealtyMore Info
587-414-7709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.