$439,900 FOR SALE

Commercial/Retail

5414 55 St
Cold Lake, AB T9M 1R5 | Cold Lake South

The subject property contains 2 titled lots with spas/massage businesses operating independently out of each side. The building saw major renovations in 2019 of over $200,000, including a whole new roof, new shingles, new windows, new doors, new hot water tank, new A/C, new electrical upgrade to 200amp, & repairing & replacing old material, & totally renovating the North side rental space to a totally modern area. The total building area is about 3682sqft. with the 'Chill Out' side comprising about 2500sqft. & 'Trai-Seas' comprising about 1182sqft. The building brings in a total revenue of approximately $4800. There are 3 furnaces, air conditioning, & 2 hot water tanks. There is plenty of parking in the front for clientele as well as a huge amount of parking behind the building. Both businesses in each unit has multiple sinks with 'Chill Out' having 2 half baths, a shower, & tub, & Trai-Seas' having 1 half bath. (id:47423)

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Listed By RE/MAX Platinum Realty
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4403158
Last Updated Aug 22, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Cold Lake South
Price History
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Detailed Information
Listing Contract Date 2024-08-22
Municipal ID ZZ999999999
Property Type Retail
Transaction Type For sale
Building
Constructed Date 1957
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