51401 Range Road 221 - Specialty CONDO FOR SALE


Sherwood Park, AB T8E 1H1
$920,000 CAD
780-830-9120
51401 Range Road 221, Sherwood Park, AB for Sale
$920,000 CAD
Specialty CONDO - FOR SALE
1/50
null | Request Cap Rate

51401 Range Road 221
Sherwood Park, AB T8E 1H1


HIGHLIGHTS

  • Located off of Range Road 221.
  • Airport will be receiving a brand new runway in the near future, recently announced by the Province of Alberta.
  • Surface parking.

OVERVIEW

Exceptional build quality featuring: two grade-level loading vehicle bays, a plane warehouse, residential suite, two washrooms, one bedroom, kitchen, theater room, office, two tool rooms, and a patio with storage for up to three aircraft. Large Hydro-Swing plane door (opens over 90° with remote control). Concrete apron leading to taxiway, grade-level door bay, and concrete slab for shed at the rear. Current income in place. New twin, top condensate technology, NTI boilers, replaced in 2024, with in-floor heating system, a $30,000 investment. All fasteners on entire roof skin replaced in 2024. Epoxy flooring in RV bay. 410 sq.ft.± bonus mezzanine space with forklift access, plus 60 feet of upper and lower cabinets along the warehouse wall. Airport taxiways removed and replaced, new asphalt in 2024.

FOR SALE DETAILS

PRICE

$920,000 CAD

PRICE/SF

$160 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

13,068 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

DC 6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Colton ColquhounAICRE CommercialMore Info
780-830-9120

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Colton ColquhounAICRE CommercialMore Info
780-830-9120

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