The subject property contains 2 titled lots with spas/massage businesses operating independently out of each side. The building saw major renovations in 2019 of over $200,000, including a whole new roof, new shingles, new windows, new doors, new hot water tank, new A/C, new electrical upgrade to 200amp, & repairing & replacing old material, & totally renovating the North side rental space to a totally modern area. The total building area is about 3682sqft. with the 'Chill Out' side comprising about 2500sqft. & 'Trai-Seas' comprising about 1182sqft. Trai-Seas has been a tenant for approximately 10 years & pays $2000/month, while 'Chill Out', a relatively new tenant with a 3 year lease, pays $2800/month. There are 3 furnaces, air conditioning, & 2 hot water tanks. There is plenty of parking in the front for clientele as well as a huge amount of parking behind the building. Both businesses in each unit has multiple sinks with 'Chill Out' having 2 half baths, a shower, & tub, & Trai-Seas' having 1 half bath. (id:51013)
| Business Type | Personal Services |
| Business Sub Type | Massotherapy |
| MLS® Number | E4381111 |
| Property Type | Retail |
| Neigbourhood | Cold Lake South |
| Amenities Near By | Shopping, Public Transit |
| Community Features | High Traffic Area |
| Features | Flat Site, Level |
| Parking Space Total | 8 |
| View Type | City View |
| Amenities | Vinyl Windows |
| Constructed Date | 1957 |
| Fire Protection | Smoke Detectors |
| Size Interior | 3,682 Ft2 |
| Access Type | Highway Access |
| Acreage | No |
| Fronts On | Highway |
| Land Amenities | Shopping, Public Transit |
https://www.realtor.ca/real-estate/26727263/5414-55-st-cold-lake-cold-lake-south
Contact us for more information
Kelly Baker
Broker
(780) 661-7653
(780) 661-2098
www.coldlake.realestate/
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