$8,700,000
$1,000
869900.0%For more information regarding the value of a property, please contact us for a free consultation.
4.94 Acres Lot
SOLD DATE : 10/16/2024
Key Details
Sold Price $8,700,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2140298
Sold Date 10/16/24
Originating Board Lloydminster
Year Built 2013
Annual Tax Amount $74,774
Tax Year 2023
Lot Size 4.940 Acres
Acres 4.94
Property Description
THIS IS A COURT APPROVED SALE PROCESS MANAGED BY ALVAREZ & MARSAL CANADA INC. (the "Receiver"). THERE IS NO OFFICIAL LISTING PRICE AS THE PROPERTY IS BEING OFFERED THROUGH A COURT APPROVED BIDDING PROCESS. Please ask the Listing Brokerage for details of court approved bid process. Time is of the essence with a Phase 1 Bid Deadline of July 5th, 2024.
Freestanding manufacturing & fabrication building of 63,495 SF on 4.94 acres; 2 Crane runways with multiple cranes. Crane capacity up to 30-ton; Sump and trench drains throughout; 3 make-up air units; Sprinklered building; 15-minute drive to Calgary city limit. Lower property taxes in Foothills County relative to Calgary. Access to Highway 2A and QE Highway 2; Proven Labour pool as previous metal fabricator, Lyncorp Manufacturing Ltd. had 75 employees on 2 shifts at peak; CWB (Canadian Welding Bureau) certified welding shop; Property on town water from High River; Multiple drive-in and drive-thru doors from 18ft. by 18ft. to 30 ft. by 30 ft; Paint booth to remain as included in sale. This property is approximately 15 minutes South of Calgary city limits. Confidentiality Agreement available on request for access to Due Diligence materials.
Notice: GD Auctions & Appraisals is holding an onsite review of auction items at the Property from 9am to 5pm on June 19th, 2024.
Location
State AB
County Foothills County
Zoning HMI
Interior
Heating In Floor, Natural Gas
Exterior
Roof Type Metal
Building
Foundation Poured Concrete
Sewer Septic System, Septic Tank
Water Public, See Remarks
Structure Type Metal Frame
Others
Restrictions None Known
Tax ID 83983983
Ownership Court Ordered Sale,Receiver
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