2449 50 St, Drayton Valley, AB

About 2449 50 St

Great exposure on 50 St. and close to the Hwy 22 entrance. The property has office space on the main floor with 6 enclosed offices & a front end reception area that has 3 workstations and a display area. The main floor also has conference/kitchen area & two bathrooms. The upper offices have access through the main floor as well as the NW corner office space on the upper level. it is a similar layout to the main floor. Upstairs has 5 offices, reception area, conference room, storage room, 2 washrooms & attic storage. There is also a 9100 sq. ft. shop with 3 overhead doors. The shop has an office, washroom, & wash bay, 2 doors are 14' high, and one is 8 ft. The shop depth is 79 ft. in the interior. Imagine having 8 acres to work with. Approximately 5 acres are fenced with more land to the East that is not fenced. The leases in place have 1- and 2-year leases left. Rate of return is 8%. A well looked after building. Exterior is stucco & Brick, and the shop is partially concrete block.

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