391 N 400 Street E, Raymond, Alberta

$3,300,000

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9.45

Acres

About 391 N 400 Street E

Unlock Vast Revenue Potential in Historic Raymond Building! This restored 39,310 plus sq. ft. building offers endless possibilities. It features a swimming pool, auditorium/gym, elevator, and office spaces, as well as recent upgrades including electrical, and new roofing, The property also includes a heated outbuilding and second living quarters, with a city sewage connection and acres of land for future development. Located on Hwy 845, this property offers prime visibility and accessibility. It's perfect for various businesses, such as a care facility, recreation center, conference center, hotel, campground, or tourism center. Estimated Reconstruction value is at 13 million dollars at $300/sq ft! A rare opportunity to own a piece of history and create a thriving business!

Features of 391 N 400 Street E

MLS® # A2181598
Price $3,300,000
Bathrooms 0.00
Acres 9.45
Year Built 1920
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 391 N 400 Street E
Subdivision NONE
City Raymond
County Warner No. 5, County of
Province Alberta
Postal Code T1J 4B3

Amenities

Parking Spaces 46
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Boiler
Cooling Partial
Fireplace No
Has Basement No

Exterior

Roof Shingle
Construction Brick, Concrete, Stucco
Foundation Poured Concrete

Additional Information

Date Listed December 3rd, 2024
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeREAL BROKER

Listing Map