120 3 Avenue E, Drumheller, Alberta

GREAT INVESTMENT OPPORTUNITY FOR SALE: Two spaces on Drumheller’s busiest street. Basement is unfinished. NEW ROOF. Zoned DT for multiple uses. ADDRESS: 120 3rd Ave East – there are two lots . Income for each space :::::::::::::: 120 3rd Ave East :::::::::::::: Rent: Kim’s Hair $990 plus GST x 12 = $11,880+p,g,w :::::::::::::: Rent: Grocery $1050 x 12 = $12,600+p,g,w :::::::::::::: 1320 sq ft :::::::::::::: Less: Insurance Estimated = $1200 Less: Property Taxes Est. = $1700:::::::::::::: Net Income = $21,580 :::::::::::::: $21,580 ::::::::::::::::: = 7.8% return. Kim’s lease until August 2026 Grocery is 3 year lease. Excellent location in downtown Drumheller. Address: 120 3 AVENUE EAST Drumheller, AB :::::::::::::: Roll Number: 01045806 :::::::::::::: Property ID: 0020200458 :::::::::::::: PLAN 2089BN BLOCK 26 LOT 1&2 :::::::::::::: LOT SIZE 120 x 52 FT Parcel Size 6240.000 SQ FT.