4853 40 Street, Vermilion Vermilion, Alberta, T9X1H6

Listing Price
$924,900
commercial
0 beds
0 baths
7980 sqft
Property Details
Property Type
commercial
Year Built
1979
Heating
Forced air, Natural gas
Lot Size
1.69 acres
Lot Dimensions
1.69
Construction
Poured concrete
Foundation
None
Annual Taxes
$11,267.31 (2025)
MLS Number
A2269376
Listed Date
Nov 6, 2025
Days on Market
166
Zoning Description
IL - Light Industrial District
Parcel Number
0013143938
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:63190)
Features & Amenities
Exterior
Concrete
Lot
Level
Location
4853 40 Street, Vermilion, Alberta, T9X1H6
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Estimated Monthly Payment
$0
Principal & interest on a $0 mortgage at 5.25% for 25 years
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