3205 18 AVE N new

Lethbridge,AB T1H 5S1

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Industrial Land

Listing Status Active

Purchase Type For Sale

Subdivision Churchill Industrial Park

MLS Listing ID A2259163

HOA Y/N No

Lot Size 2.790 Acres

Acres 2.79

Property Sub-Type Industrial Land

Property Description

This industrial parcel is leased to a strong national tenant for a three year lease, with flexibility at 18 months (Sept 2026). Average net income on the land lease over the three year term is $63,250. In addition to rent, the tenant pays tax, maintenance, and other operating costs associated with the site. The site itself is primed for future development for a single or multi-user facility. It is a fully graded site with all Lethbridge utility services available. The nearly square site dimensions of approximately 380'x 320', with great frontage along 18th Avenue North, makes this parcel a flexible development site suitable for a variety of users. The site is graveled, fully fenced and secure, features three catch basins for proper water management, and has two solar light poles on site.
1. Graded and graveled site
2. Fully fenced
3. All utilities available
4. Appx 380'x 320' site
5. Frontage on 18 Ave N

Location

State AB

County 0203

Zoning I-B

Interior

Inclusions None

Fireplace No

Exterior

Fence Fenced

Garage No

Building

Lot Description Cleared,Level,Low Maintenance Landscape,Square Shaped Lot,Yard Lights

Others

Restrictions None Known

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