2248 50 Street, Drayton Valley, Alberta

$5,500,000

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About 2248 50 Street

Click brochure link for more details** Exclusive opportunity to acquire a newly constructed retail centre with two additional commercial development pad sites located in Drayton Valley, Alberta. Horizon Travel Centre is a newly constructed retail centre anchored by Mr. Mike’s, Ace Liquor, and Lube City. The Property was constructed between 2015 - 2017. The Property is 100% occupied and has 10,886 square feet of net leasable area situated on 3.64 acres of land. There are two serviced and immediately developable pad sites that are 32,615 SF and 39,181 SF in size. Located in Drayton Valley with prominent exposure to 50th Street, the Horizon Travel Centre benefits from strong traffic counts (5,800 vehicles per day in 2022) and excellent accessibility. Neighbouring properties include the Petro Canada fuel and convenience and the Best Western Plus All Suites which both help to draw traffic and customers to the Horizon Travel Centre. The two pad development sites allow an investor and developer to create future upside at the site. Excellent access and exposure to the main arterial road. Average daily traffic counts of 5,800 vehicles per day northbound on 50th street (2022). Benefits from the traffic draw of both the Petro Canada and the Best Western Plus All Suites

Features of 2248 50 Street

MLS® # A2114174
Price $5,500,000
Bathrooms 0.00
Acres 0.00
Year Built 2015
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 2248 50 Street
Subdivision Drayton Valley
City Drayton Valley
County Brazeau County
Province Alberta
Postal Code T0E 1Z0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed March 12th, 2024
Days on Market 255
Zoning C-GEN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHonestdoor Inc.

Listing Map