391 N 400 ST E Active

Raymond,AB T1J 4B3

$ 3300000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID A2181598

Year Built 1920

Annual Tax Amount $22,058

Tax Year 2024

Lot Size 9.450 Acres

Property Sub-Type Mixed Use

Property Description

Unlock Vast Revenue Potential in Historic Raymond Building!

This restored 39,310 plus sq. ft. building offers endless possibilities. It features a swimming pool, auditorium/gym, elevator, and office spaces, as well as recent upgrades including electrical, and new roofing, The property also includes a heated outbuilding and second living quarters, with a city sewage connection and acres of land for future development.

Located on Hwy 845, this property offers prime visibility and accessibility. It's perfect for various businesses, such as a care facility, recreation center, conference center, hotel, campground, or tourism center.
Estimated Reconstruction value is at 13 million dollars at $300/sq ft!

A rare opportunity to own a piece of history and create a thriving business!

Location

Province AB

County Warner No. 5, County Of

Zoning C-1

Interior

Heating Boiler,Natural Gas

Cooling Partial

Inclusions None

Exterior

Roof Type Shingle

Building

Foundation Poured Concrete

Structure Type Brick,Concrete,Stucco

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