$225,000 FOR SALE

Commercial/Retail

27 Railway Avenue S
Marwayne, AB T0B 2X0

Presenting this well kept mixed-use property, situated on 4 lots in a prime location, downtown Marwayne. Construction of this 3432 sq ft building was completed in 1940, using hand carved stone brought from the North Saskatchewan River valley. Originally used for a farm implements dealership and garage, but has since been retrofitted into a 2200 sq ft retail space in the front, and a separate 1232 sq ft residence with private entrance in the back. The front retail space is currently vacant, and offers a wide range of uses, with plumbing available, and a newer furnace and electrical system. The residence is a one bedroom, with an additional flex space available, large bathroom and open concept kithcen and living room. Upgrades include a brand new metal roof on the main building and double detached, heated garage, additional insulation, windows, flooring, plumbing and electrical. The residential suite is currently rented for $1100 a month, utilities included. The owner reports utilities for the entire property totaled $6400 for 12 months. New owners could take this classic building in several directions, utilizing the front space for retail, professional office or services, craft or studio space, or even a coffee and sandwich shop. As this is proudly a Heritage Building, offers should include time to obtain approval for the intended use from the Village of Marwayne. (id:47423)

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Listed By RE/MAX OF LLOYDMINSTER
Data Provided By REALTORS® Association of Lloydminster & District
MLS® Listing Number A2144764
Last Updated Jul 03, 2024
Property Summary
Property Type Commercial/Retail

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Community Marwayne
Price History
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Detailed Information
Listing Contract Date 2024-06-26
Municipal ID 0010766285
Ownership Type Freehold
# of Parking Spaces 10
Plan 5426CL
Property Type Other
Transaction Type For sale
Zoning Description C1
Building
Constructed Date 1940
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 3432 square feet
Total Finished Area 3432 sqft
Type Commercial Mix
Land
Total Size Unknown

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