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$395,000 total
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Asset Class
Industrial
Size
—
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
96%
Lot Size
0 ac
Clear height
36 ft
Loading docks
6
Position your business for success in this versatile industrial bay, thoughtfully configured to balance professional office space with practical warehouse and storage capacity. The main floor offers a spacious reception area, private office, kitchenette, 2-piece bathroom, and multiple storage rooms. Upstairs, the 800 sqft mezzanine provides two additional offices—one with dedicated storage—plus a 3-piece bathroom. A separate area of the mezzanine offers valuable flexibility for future office expansion or additional shop storage (the mezzanine is not included in the square footage). The warehouse is designed for efficient day-to-day operations, featuring 12 overhead door, rear man door, a dedicated tool crib, and an additional 2-piece bathroom conveniently located in the shop. With its adaptable layout and well-integrated amenities, this smaller bay is an excellent fit for a wide range of businesses seeking functional office, warehouse, and storage space in one location. Adjoining space of 2,163 sqft is also available. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$3K
Cash-on-cash
2.28%
DSCR
1.12
Going-in cap
6.22%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
73,255
Households
30,544
Median income
$84,000
Median age
41.4
Daytime population
84,075
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 193 Athabascan Avenue, Sherwood Park.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.