27 Railway Avenue S, Marwayne   ||   $195,000

DETAILS

MLS® NUMBER A2070614
BUILDING TYPE Mixed Use
PROPERTY CLASS Commercial
YEAR BUILT 1940
BASEMENT None
GARAGE No
This well-kept mixed-use property sits on four lots in a prime location of the Village of Marwayne. Construction of the 3,432 sq ft building was completed in 1940 using hand carved stone brought from the North Saskatchewan River valley. Originally used a farm implements dealership and garage but since retrofitted to include 2,200 sq ft of retail space plus a one bedroom with flex room 1,232 sq ft residence with private entrance. Large 28’ x 28’ detached insulated and heated double garage. Newly built privacy fence. Numerous upgrades including exterior of the building, roof, additional insulation, windows, flooring, suite bathroom, plumbing, electrical, furnaces, and hot water heater.
The commercial tenant agreement is in place until November 2023, but can vacate earlier. Furnishings for the coffee shop are available from the previous operator. The residential unit rents for $1,100 including utilities. New owners could take this building in several different directions, utilizing the space for retail, professional, craft, studio, office, or coffee shop. It is very well built and will stand for years to come.
Listing Brokerage: RE/MAX OF LLOYDMINSTER

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