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SOLD! Salvation Army building For Sale

SOLD! 349 Center Street -

Address: 349 Centre Street, Drumheller, AB T0J0Y0

Asking Price: $375,000

Lot size: approx 6000 sq ft (parcel size)
Lot dimensions: 120 x 50
Zoning:C-B
Legal description: Plan:3099AD; Block: 19; Lot: 13 & 14
Title number:011003895
Linc Number: 0017162363
2012 Taxes: $4,793.11 or $399.42 per month

non financial encumbrances: 04/01/2001: Encroachment Agreement

Main Floor Lease is with the "Governing Council of the Salvation Army and Drumheller Community Church"

Salvation Army pays $45,000 per year or $3750 per month plus 2/3 Taxes 2/3 Insurance

Landlord Pays Approx: $350 utilities (power, gas, water) + $87.78 Taxes (1/3 share) + $100 Insurance (estimated 1/3 share) + $100 Water

Newer Furnaces front second floor suite, Older Furnace in rear second floor suite, New HVAC on Roof, smaller furnace in the basement.

Owner says the roof is older, but appears in good repair except for a small area on the East side of the roof.

Owner recently replaced the rooftop heating and A/C unit, so the heating system for the store is now efficient. He also installed a new small gas furnace in the basement (80% efficient). The store hot water tank, is also new from a few years ago.Salvation Army's lease is ends October 2013, with an option to renew for another 5 years. Very busy location in downtown Drumheller with plenty of retail shops and restaurants nearby. High traffic location.

Property Details

  • Property ID: 100872733
  • New Construction: No
  • Style: Building Only
  • Status: Sold on 8/21/2013
Listed By Bob Sheddy of CENTURY 21 PowerRealty.ca