27 Railway Avenue S, Marwayne, Alberta

$195,000

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About 27 Railway Avenue S

Presenting this well kept mixed-use property, situated on 4 lots in a prime location, downtown Marwayne. Construction of this 3432 sq ft building was completed in 1940, using hand carved stone brought from the North Saskatchewan River valley. Originally used for a farm implements dealership and garage, but has since been retrofitted into a 2200 sq ft retail space in the front, and a separate 1232 sq ft residence with private entrance in the back. The front retail space is currently vacant, and offers a wide range of uses, with plumbing available, and a newer furnace and electrical system. The residence is a one bedroom, with an additional flex space available, large bathroom and open concept kithcen and living room. Upgrades include a brand new metal roof on the main building and double detached, heated garage, additional insulation, windows, flooring, plumbing and electrical. The residential suite is currently rented for $1100 a month, utilities included. The owner reports utilities for the entire property totaled $6400 for 12 months. New owners could take this classic building in several directions, utilizing the front space for retail, professional office or services, craft or studio space, or even a coffee and sandwich shop. As this is proudly a Heritage Building, offers should include time to obtain approval for the intended use from the Village of Marwayne.

Features of 27 Railway Avenue S

MLS® # A2144764
Price $195,000
Bathrooms 0.00
Acres 0.00
Year Built 1940
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 27 Railway Avenue S
Subdivision Marwayne
City Marwayne
County Vermilion River, County of
Province Alberta
Postal Code T0B 2X0

Amenities

Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No
Has Basement No

Exterior

Roof Metal
Foundation Perimeter Wall, Poured Concrete

Additional Information

Date Listed June 26th, 2024
Days on Market 179
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX OF LLOYDMINSTER

Listing Map