












1/14257 Railway Avenue, Raymond, AB T0K2S0
$749,900 total
5,400 SF
Asset Class
Industrial
Size
5,400 SF
Building class
A
Zoning
IB — Industrial Business
$ / SF
$139
Occupancy
87%
Year Built
2014
Lot Size
0.3985307621671258 ac
Clear height
21 ft
Loading docks
4
A Fantastic Opportunity for Your Business! Discover the versatility and potential of this impressive 5,400 sq. ft. industrial building, complete with an additional fully serviced 100' x 150' vacant lot to the east. Ideally located in Raymond, Alberta, just 25 minutes from Lethbridge, this property offers an excellent combination of functional workspace, flexible layout options, and room for future expansion. The building features a spacious 40' x 60' open shop area with steel walls and a central floor drain, along with a 30' x 50' custom mechanical/woodworking shop, currently divided into 5 rental bays. Designed with efficiency and functionality in mind, the entire building—including the roof, walls, and floors—has been insulated with high-efficiency spray foam. Five overhead bay doors provide excellent access for equipment, vehicles, and deliveries: One 10' x 10' door, Two 9' x 9' doors, Two 14' x 12' doors. The full width of the building offers direct street access, complemented by ample parking and interior and exterior LED lighting. With its versatile layout, efficient insulation, multiple bay doors, generous parking, and additional vacant land, this property presents an outstanding opportunity for a wide range of industrial, mechanical, fabrication, woodworking, or service-based businesses. Excellent location. Endless possibilities. Room to grow. Take advantage of this exceptional industrial property in Raymond, just a short drive from Lethbridge! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$31K
Annual cash flow
$-11K
Cash-on-cash
-4.73%
DSCR
0.74
Going-in cap
4.12%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 1,810 SF | 2028-01 |
| Blue Harbour Design | 1,110 SF | 2028-02 |
| Blue Harbour Design | 682 SF | 2028-01 |
| Blue Harbour Design | 1,107 SF | 2028-01 |
Trade area within 3 miles of the property.
Population
125,772
Households
55,336
Median income
$130,000
Median age
35.1
Daytime population
165,989
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 257 Railway Avenue, Raymond.
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.