4902 50 AVENUE
$2,750,000

Investment property with re-development upside: 3 storey commercial building on 4 lots downtown. The ground floor is leased out with Canada Post & NAPEG as tenants. The second floor is a completely open grey shell ready for fit out to a tenant's custom specs. There is an elevator shaft in place, but no elevator installed. The basement & small third floor generate additional revenue from storage space leases. Two parking lots provides 28 parking stalls. Building specs: Built in 1955 with continuous federal gov. quality upgrades over the years, 2X6 R20 wood framing, torch on roofing with R40 insulation, heated by a Viesmann wood pellet boiler & two recently installed Buderus boilers for backup/peak loads, rooftop HVAC system, Kohler diesel generator system for whole building backup power, washrooms on all 3 upper floors, sprinkler system recently installed. Lease details & financial statements will be available to qualified purchaser upon entering into a confidentiality agreement. (id:52981)