A 10,500-square-foot metal clad industrial building in Sylvan Lake, Alberta, featuring a 7,000-square-foot shop and paved parking sold for $1.12 million after a price reduction.
Breakdown:
Sold price: $1,125,000
List price: $1,150,000
Lot size: 0.99 acre
Number of units: 1
Zoning: Light industrial
Property type: Industrial
Date of sale: June 4, 2019
Total current monthly rent: $9,354
Address: 11 Erickson Drive, Sylvan Lake, Alberta
Name of brokerage: Re/Max Complete Commercial
Agent: Cam Tomalty