Business For Sale · Industrial

257 Railway Avenue, Raymond

257 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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$750K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,810 SF2028-01
Blue Harbour Design1,110 SF2028-02
Blue Harbour Design682 SF2028-01
Blue Harbour Design1,107 SF2028-01

Area demographics

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.

Secure deal room

Confidential diligence documents for 257 Railway Avenue, Raymond.

NDA required
  • 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.