1,2,3,4, 2 Sylvaire Close, Sylvan Lake, Alberta

Presenting a remarkable opportunity to secure a dynamic industrial property nestled within Sylvan Lake's prestigious Industrial Park (L2). This offering showcases a capacious industrial edifice boasting Bays 1, 2, 3, and 4, with a generous total area encompassing 4,635 square feet. Currently, three of the four bays are under lease agreements, operating on a month-to-month basis, yielding $1200 per month in rental income, alongside a utility cost of $300. Effective July 1st, 2024, rents are set to escalate to $1400 per month, enhancing the revenue stream. With only 3 of the 4 bays being rented - this building offers the flexibility to either lease out the remaining vacant bay or to utilize it for your own purposes, thereby catering to a myriad of potential ventures. With its prime location within Sylvan Lake's esteemed Industrial Park, this property presents abundant possibilities for expansion, innovation, and lucrative investment. (id:51303)