Property

Drayton Valley, AB T7A1J7 5137 51 Avenue

5137 51 Avenue Drayton Valley, AB - Image 15137 51 Avenue Drayton Valley, AB - Image 25137 51 Avenue Drayton Valley, AB - Image 3
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5137 51 Avenue Drayton Valley, AB - Image 45137 51 Avenue Drayton Valley, AB - Image 55137 51 Avenue Drayton Valley, AB - Image 65137 51 Avenue Drayton Valley, AB - Image 75137 51 Avenue Drayton Valley, AB - Image 85137 51 Avenue Drayton Valley, AB - Image 95137 51 Avenue Drayton Valley, AB - Image 105137 51 Avenue Drayton Valley, AB - Image 115137 51 Avenue Drayton Valley, AB - Image 125137 51 Avenue Drayton Valley, AB - Image 135137 51 Avenue Drayton Valley, AB - Image 145137 51 Avenue Drayton Valley, AB - Image 155137 51 Avenue Drayton Valley, AB - Image 165137 51 Avenue Drayton Valley, AB - Image 175137 51 Avenue Drayton Valley, AB - Image 185137 51 Avenue Drayton Valley, AB - Image 195137 51 Avenue Drayton Valley, AB - Image 205137 51 Avenue Drayton Valley, AB - Image 215137 51 Avenue Drayton Valley, AB - Image 225137 51 Avenue Drayton Valley, AB - Image 235137 51 Avenue Drayton Valley, AB - Image 245137 51 Avenue Drayton Valley, AB - Image 255137 51 Avenue Drayton Valley, AB - Image 265137 51 Avenue Drayton Valley, AB - Image 275137 51 Avenue Drayton Valley, AB - Image 285137 51 Avenue Drayton Valley, AB - Image 295137 51 Avenue Drayton Valley, AB - Image 305137 51 Avenue Drayton Valley, AB - Image 315137 51 Avenue Drayton Valley, AB - Image 325137 51 Avenue Drayton Valley, AB - Image 335137 51 Avenue Drayton Valley, AB - Image 34
Presented By: Courtesy of Heather D Malin of RE/MAX Vision Realty.
  • MLS# E4369083
  • 01/04/2024
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  • SQFT • 4,176

Home Details

This property is in the downtown core with great exposure & lots of public parking to the west of the building as well as street parking. Currently there are 4 tenants and room for more. There is a general assessment for 2022. Current rent is $48,240.00 per year. The front end used to have a restaurant which would increase the rent substantially. Expenses run around $18,000 annually which includes the insurance, taxes, utilities, maintenance & snow removal. The owner is currently paying these expenses. A party wall agreement is in process of being completed. The roof is torch on, the 2 furnaces are set up with air conditioning. Recently the furnaced were serviced professionally. There are 3 hot water tanks in the building. One is due to be replaced. There are 2 common area bathrooms. In 1990 the windows and framing were renovated. Gas meters were switched to one bill to save on costs & could be reversed. There are no leases or damage deposits with the tenants.
Presented By: Courtesy of Heather D Malin of RE/MAX Vision Realty.

Interior Features for 5137 51 Avenue

Other Interior Features

Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes

General for 5137 51 Avenue

CityDrayton Valley
Construction MaterialsConcrete, Wood Frame
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaDrayton Valley
ModificationTimestamp2024-08-29T21:27:02.300Z
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Year Built1961
ZoningZone 90

Exterior for 5137 51 Avenue

Irrigation Water Rights Y/NNo

Additional Details

Calvin Realty Team

Price $399,000
MLS#E4369083
List Date 01/04/2024
Property Type Commercial
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