780-542-4040 RE/MAX Vision Realty

Multi-Family Commercial for Sale

Courtesy of John Dempster of RE/MAX Vision Realty

Property For Sale In Drayton Valley, Brazeau

 Multi-Family Commercial for Sale, MLS® # E4222836
  • MLS®#: E4222836
  • Price: $1,040,000
  • Status: Pending
  • Year Built: 1971
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Great opportunity to invest in this 15 suite apartment complex in downtown Drayton Valley that has tremendous potential. With 5-3 bedroom/1.5 bath units, 6-2 bedroom/1 bath, 3-1 bedroom/1 bath units, along with 1 bachelor suite, this building provides a great range of suites to rent out. Each unit includes an intercom system for secured access to the building. Newer flooring has been installed throughout the suites. The building is situated on two lots measuring .48 acres in size(total). The HVAC has had upgrades as well over the years(Boiler-2012, HWT-2011). The property includes 16 energized parking stalls as well as on street parking(situated on a corner lot). Seller has indicated that all 10 balconies have been refurbished approx 10 years ago as well. The common laundry room is in the basement. Chimo Place would make a great next investment. The first floor is partially below grade and is included in the indicated size of the building(15,877 sq ft).

Contact John Dempster About MLS® E4222836

Required Field

John Dempster, 780-898-8887 at RE/MAX Vision Realty, 5115 - 50th St (Box 6484), Drayton Valley, Alberta, T7A 1R9

property information

  • Property Type: Multi-Family Commercial
  • MLS®#: E4222836
  • Year Built: 1971

Community Information

  • Neighbourhood: Drayton Valley
  • City: Brazeau
  • Postal Code: T7A 1K8


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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

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