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$ 4,500,000
Est. payment | /mo
2,948 SqFt
$ 4,500,000
Est. payment | /mo
2,948 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $1,526
MLS® Listing ID A2263660
Year Built 1950
Property Sub-Type Freehold
Source Lethbridge & District Association of REALTORS®
Property Description
Rail Siding Opportunity – $4.5 Million Asking PriceThis unique investment opportunity includes a high-performing CP Rail siding andadjacent feedlot support, offering strong cash flow potential and room forexpansion.• Current Lease: $12,000/year.• Land Base: 5 acres total – a combination of owned land and leased land from CPRail.• Siding Capacity:• CP Rail classifies it as a 30-car siding.• The site has space to unload 15 cars at a time.• CP typically provides 2 to 3 unload spots per week• Railcars are dropped off in two shifts (15 cars each), as they are unloaded.• Cash Flow Stream: Excellent revenue from soymeal deliveries to colonies.• Power: Equipped with 3-phase power on site.Expansion Potential:• Engineered plans may be available for siding expansion to either50-car or 150-car capacity.Additional Notes:• Site includes an old elevator with minimal remaining value. While this site is currently being used for grain and commodity offloading, as well as different feed supplements, there are many possible uses for this site, being converted to transloading of many different products. With its close proximity to Calgary and major markets as well as major transportation corridors, this facility would be suitable for a wide variety of uses. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Real Estate Centre - Fort Macleod
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Nest Real Estate Group
Real Estate Team | License ID: 139039