2.79 ACLand$1,100,000Sale
2.79 AC
Land
$1,100,000
Sale
VINKO SMILJANEC
Avison Young - Lethbridge
The Property
Asking Price$1,100,000
Available Space2.79 AC
MLS® IDA2259163
ZoningI-B
SourceMedicine Hat
The Lot
This industrial parcel is leased to a strong national tenant for a three year lease, with flexibility at 18 months (Sept 2026). Average net income on the land lease over the three year term is $63,250. In addition to rent, the tenant pays tax, maintenance, and other operating costs associated with the site. The site itself is primed for future development for a single or multi-user facility. It is a fully graded site with all Lethbridge utility services available. The nearly square site dimensions of approximately 380’x 320’, with great frontage along 18th Avenue North, makes this parcel a flexible development site suitable for a variety of users. The site is graveled, fully fenced and secure, features three catch basins for proper water management, and has two solar light poles on site. 1. Graded and graveled site 2. Fully fenced 3. All utilities available 4. Appx 380’x 320’ site 5. Frontage on 18 Ave N
Property TypeLand
Lot Size2.79 AC
MLS® IDA2259163
ZoningI-B
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
Up to $500K for Alberta businesses
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