Michael Dewing
(780) 808-2700
RE/MAX OF LLOYDMINSTER
780-808-2700
27 Railway Avenue S
Marwayne , Alberta T0B 2X0
Marwayne , Alberta T0B 2X0
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27 Railway Avenue S For Sale
$195,000
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.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
308
308
Zoning
C1
C1
Subdivision
Marwayne
Marwayne
Building Type
Mixed Use
Mixed Use
Year Built
1940
1940
Structure Type
Mixed Use
Mixed Use
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
5426CL
5426CL
Building Area (Sq. Ft.)
3432.00
3432.00
Building Area (Sq. M.)
318.84
318.84
Roof
Metal
Metal
Foundation
Perimeter Wall,Poured Concrete
Perimeter Wall,Poured Concrete
Heating
Forced Air,Natural Gas
Forced Air,Natural Gas
Inclusions
none
none
Restrictions
Historic Site
Historic Site
Reports
None
None