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Multi-Tenant Industrial Property 2 Industrial Properties Offered at $2,645,000 CAD in Whitecourt, AB

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INVESTMENT HIGHLIGHTS

  • A unique scenario for purchasers to acquire an income-producing asset, with the flexibility for vacant possession if desired.
  • The M-1 Service Industrial zoning allows for a variety of light industrial and service-oriented commercial uses.
  • The property occupies a prominent corner location with frontage along 51 Avenue, 50 Avenue, and Caxton Street with visibility to Highway 43.

EXECUTIVE SUMMARY

NAI Commercial Real Estate Inc. (“NAI” or the “Advisor”) has been engaged to offer a 100% freehold interest in the Multi-Tenant Industrial Property (the “Property” or “Offering”) located at 5012 Caxton Street, Whitecourt, Alberta. The Property is being offered without a set bid date, with offers considered as they are received. For more information, please contact a member of the advisory team.
The information herein is not warranted by the Lender nor should any Purchaser rely solely on this information. Instead, each Purchaser is responsible to conduct its own prudent due diligence as this Court Ordered Sale is offered on an “As is and Where is” basis.
OPPORTUNITY
A unique scenario for purchasers to acquire an income-producing asset, with the flexibility for vacant possession if desired.
SITE COVERAGE
With a site coverage of just 25.08%, the property provides occupants with significant flexibility and functionality. This low coverage ratio allows for ample yard space, which can accommodate outdoor storage, parking, truck maneuverability, future expansion, or other operational needs—making it an ideal fit for a wide range of Commercial/industrial users.
LOCATION
The property occupies a prominent corner location with frontage along 51 Avenue, 50 Avenue, and Caxton Street with visibility to Highway 43, offering valuable exposure.
FUNCTIONALITY
Buildings are well suited for a variety of industrial operations. Especially given its configuration, multiple loading doors and site layout plan with multiple access points along its eastern and northern boundaries, enhancing site functionality and traffic flow
ZONING
The M-1 Service Industrial zoning allows for a variety of light industrial and service-oriented commercial uses such as warehousing, light manufacturing, and businesses that support industrial activity, like equipment servicing or contractor yards.

PROPERTY FACTS

Price $2,645,000 CAD
Price / SF $104.82 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 25,234 SF
Total Land Area 4.62 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Building 1
5012 Caxton St, Whitecourt, AB T7S 0A6
Industrial 20,330 SF 1963 -
Building 2
5012 Caxton St, Whitecourt, AB T7S 0A6
Industrial 4,904 SF 1963 -
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  • Listing ID: 36410284

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: Multi-Tenant Industrial Property, Whitecourt, AB

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