Commerical Property - Retail space with attached apartment.
Description : 09 May, 2023
Unique building/property with Living Quarters - Built in Revenue! PRIME LOCATION – Just off HWY 897 - Built in the 1930's with hand carved stone brought from the North Saskatchewan River Valley just 9 miles North of Marwayne pleted by 1940. This Building had started out as a garage/farm implements/mechanic shop but turned out to offer so much more to munity. The interior has been retrofitted to contain a retail space of 2200sq/ ft. in the front of the building with a 2 bedroom, 1200 sq/ft private residence in the back of the building including a detached 28sq/ft, insulated/heated garage. The retail space it set up for a large open business area with a built in ready to go space. The retail space was designed to offer a multipurpse-multi revenue opportuntiny. There is a larger area where a ladies boutique is operated and a seperate area ready for a lunch/counter coffee bar or other food services. (The equipment in the lunch counter/coffee bar area is owned by the current tenant is not part of the sale unless an agreement is made seperately between both parties). The residence has its own private entrance but is also has access to the business up front giving the owner plenty of options. This is a perfect setup for owing/operating your own business and living in the back. The retail space would also make a great daycare/playschool area! The apartment is rented by a very reliable tennat however, you decide to keep the Lease or use for yourself. Tenant is flexible. The retail space will be availeable for occupancy very soon and the current tenant is moing her business to another location. So it's turn-key! The building may be Historic but has all the upgrades, interior and exterior, to keep it sustainable and up to date with codes and energy efficient. Since purchasing in 2006 we pleted several upgrades leaving new owners without the worry or concern of big renovation projects. New windows, roof with blown in insulation in the attic, new flooring, upgrades to plumbing and electrical, new furnace and most recent – new gas water heater, new renovations in the residence bathroom, new fence fall of 2022. This building is solid and will be around for decades e for everyone to enjoy. As the current owners, we are extremely proud of this property as it has brought Marwayne many opportunities and supported our munity for over 80 years! It’s been such an honour and pleasure to be its current caregivers, but we are moving into a new stage of our lives and therefore ready to hand it over to the next owner who will appreciate it as much as we have. The new owners will benefit from built in equity as we are selling for a price much lower than its current market value. We look forward to providing you with more details and a personal viewing. Please contact us directly and will respond in a timely manner. We are selling privately however we would be open to working with any agents representing interested parties. We are very motivated to sell and have prepared documentation to offer a quick transition. This property has had a recent pleted as well in the past a Building Inspection, RPR, Environmental Inspection. We will provide more details to serious inquiries only. Located at 27 Railway Ave South, Marwayne, AB. T0B 2X0.
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