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Business Property in Alberta
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Location 4919 - 50th Street, Athabasca, Alberta
Legal Address Lot 10A & 10B (Separate titles)
(One lot is vacant)
Block 2
Plan 862 - 2349
Possession Negotiable
Age Historic brick building of 1930 era
Style 2 story
Size 27 X 80
Price Reduced to 85,000.00. A net return of 11.3%! Act now to get the advantage of low interest rates!


Comments:

The main floor is divided into 3 shops but one tenant presently occupies 2 areas. The building is fully tenanted showing a net return of approx 10%. In 1986 the main floor was upgraded to 1986 building codes. The top floor is divided into a former rooming house but is presently used for storage. This offers great potential if renovated to current fire regulations. Some ideas could be offices for rent! Great project for home handy person!

The building has 2 fire rated furnace rooms, concrete basement under the back portion and an 8 foot cellar under the remainder of the building. The building stands on a 30 foot lot in the center of the main business section on the main highway through town. A high volume of passing traffic.

Athabasca has a population of 2500 with room to expand. It is situated 2 hours drive North of Edmonton and 3 hours drive from Fort McMurray, home of the Oil Sands development. The town services the industries of farming, forestry and oil over a large geographical area.  This could be an ideal place to establish a service to Fort McMurray eliminating some of the huge overheads of the Fort McMurray area.

The Town supports a university and is a satellite station for Portage College. The town is a thriving rural community with great potential.

To view the property please arrange an appointment by emailing kfolstad@familyfarmers.com 

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Ken's Korner

My partner and I had an opportunity to do a bit of travelling within Saskatchewan last weekend, specifically into the southwest part of our province.  We have never spent any amount of time exploring that area of Saskatchewan and so when we found ourselves in that corner, we decided to extend our weekend by a couple of days and see what sights we could find.

 

It was a wonderful and surprising weekend!

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A warmer prairie climate will bring with it a host of new insect plagues, along with a migration of such lovely diseases as elephantiasis and dengue fever, which normally could not survive our climate. Farmers may have a longer growing season on average, but how will that help if there is no extra moisture to take advantage of it? Rather, production will be an increasing challenge with hotter, longer summers. 

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Greenwater Report

When we got to the park, Cathy and Freckles went one direction to see the house that General Custer once lived in, and Doreen and I visited the Mandan village. Five out of about seventy five of the earth-covered domes that made up the village had been reconstructed and we were amazed at what wonderful buildings they were.

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He doesn't miss too many notes, but thing is, they aren't usually the RIGHT ones. To say the blend of voices is eclectic may be the politest thing that one can come up with. Usually at 5:30 am there is at least one human shouting out the window to SHUSH UP.

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