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2.79 Acres Lot
$ 1,100,000
Est. payment | /mo
2.79 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Industrial Land
Listing Status Active
Purchase Type For Sale
Subdivision Churchill Industrial Park
MLS® Listing ID A2259163
Annual Tax Amount $29,571
Tax Year 2025
Lot Size 2.790 Acres
Acres 2.79
Property Sub-Type Industrial Land
Source Medicine Hat
Property Description
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
1. Graded and graveled site
2. Fully fenced
3. All utilities available
4. Appx 380'x 320' site
5. Frontage on 18 Ave N
Location
Province AB
County Lethbridge
Zoning I-B
Interior
Inclusions None
Exterior
Fence Fenced
Building
Lot Description Cleared, Level, Low Maintenance Landscape, Square Shaped Lot, Yard Lights
Others
Restrictions None Known
Tax ID 101569072
Ownership Private
Listed by AVISON YOUNG
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