9 months ago
$924,900
4853 40 Street
Vermilion, Alberta · T9X1H6
MLS® Number: A2269376
- 7,980Square Feet
Listing Description
Secure a prime income-generating property in the thriving community of Vermilion, Alberta. This 7,980 sq. ft., 5-bay commercial shop with office space offers a solid investment with a guaranteed tenant in place for 3 years and an option to renew, ensuring reliable cash flow and long-term stability. Existing tenant has been in place for 40+ yearsPerfectly positioned with excellent access to Highway 16 and 41, this property is well-maintained and features practical design elements suited for both operations and administration.Property Highlights:5-bay heated shop with large overhead doors, an enclosed pit dock and ample workspace;Professional office area with reception and staff amenities;Strong lease in place – 3-year term with renewal option;Reliable long term tenant ensuring consistent income;Excellent access from major roadways;Ample parking and yard space for vehicles and equipment.This property is a solid income-producing investment ideal for investors seeking a low-maintenance, high-performing commercial asset.Contact your real estate professional today for full lease details and financial information. (id:65883)
Property Summary
- Property Type
- Business
- Square Footage
- 7,980 sqft
- Title
- Freehold
- Built in
- 1979
- Time on Edmonton Real Estate
- 9 months ago
Legal Description
Plan :- 0013143938 Block :- 21 Lot :- 55
Building
Building Features
- Construction
- Poured concrete
- Foundation
- None
- Year Built
- 1979
- Building Amenities
- Concrete
Heating & Cooling
- Heating Type
- Forced air, Natural gas
Land
Lot
- Lot Size
- 1.69 acres
- Lot Dimensions
- 1.69
- Lot Features
- Level
Zoning
- Zoning
- IL - Light Industrial District
Tax & HOA
Tax
- Annual Tax
- $11,267
- Tax Year
- 2025



