Now may be your time to benefit from Blackfalds real estate investment.
The small town of Blackfalds, nestled between Red Deer City and Lacombe and sitting on the main Highway 2 in the Edmonton-Calgary corridor in Central Alberta, is known for its small town charm and vibrant young community.
18 Townhouse style units, each with 1137sq ft and only 2 years old!This prime revenue property has been approved for converting units to condos. All modern decor units feature 3 bedroom, 2 bath, 6 appliances,blinds and vinyl plank flooring and carpeting through. Walkout from the kitchen to a deck with aluminum railings and privacy walls. Some have a magnificent view of the pond behind. Basements are dry walled and have plumbing for an additional bathroom. 7 townhouses include WALKOUT basements. This property has vinyl fencing to the back. There are 2 parking stalls for each unit. Revenue is as follows: all 18 at $1195/month.More details
Great property to host your business! Vendor financing available, Ask for details. This property is Zoned I-1 Light Industrial which will facilitate a number of business types. Prospective uses within the bylaw include Light Manufacturing ~Motor Vehicle services and sales ~Possible Greenhouse / Nursery, Pet Grooming ~Self Storage Facility ~Strip Mall ~Industrial Support Services/ Product Wholesaler ~Commercial Sales etc. You can also work from the move-in ready home that has an office just off the entrance. The property has a huge 24'X44' (Heated, Finished) & 36'X30' garage / shop. The First Bay is currently used for a Dog Grooming Business. Numerous features of the home include ~ RV Parking ~Theatre Room with Built-in Speakers ~Main Floor Laundry ~Telus Alarm System (no contract) ~Separate Hot Water Tanks for Domestic Water & In-Floor & a Fully Fence Backyard.More details
Located only minutes from Red Deer, Southeast of Blackfalds on Hwy 597. Large shop area has 2 standard drive in bays and 1 drive through bay currently set up as a wash bay. Hotsy may be included in the lease. There are 4 – 14’ X 16’ overhead bay doors. Has washer and dryer hook ups. 4+ offices ( 2up and 2 down). Reception area. 2 washrooms one with a shower. Mezzanine has a built in coffee area and extra storage room. 240v 200amp, 3 phase power (to be confirmed by Tenant). Building is serviced by well and septic. Entire Yard is graveled throughout and fenced in the rear. Lease rate is for yr. 1 only. Escalations are negotiable.
NNN's Are Estimated at $3.00/sq.ft. for 1 year. Tenant pays property taxes directly and all maintenance is tenant responsibilityMore details
Listing information last updated on September 24, 2018 at 11:15 AM (UTC)
All information displayed is believed to be accurate but is not guaranteed by Central Alberta REALTORS® Association and should be independently verified. No warranties or representations of any kind are made.
With an immediate trading area encompassing some 270,000 people and over 2 million people in a 150km radius that takes in the major cities of Edmonton and Calgary and their international airports, both regional and global businesses are able to thrive in and around Blackfalds.
Offering more affordable housing options than nearby Red Deer, Blackfalds attracts many first time buyers, which has led to a bedroom community of young commuters to other towns and a gap for investment in Blackfalds itself, with a high amount of underdeveloped land with potential for industrial or commercial real estate use.
As one of the closest urban centers to the Joffre Petrochemical Plant, which employs over 700 people, Blackfalds is ideally located for working families to settle and prosper along with the progressive town they inhabit. It is a situation that Blackfalds and its residents are certainly taking advantage of.
The 2016 population being 9510, Blackfalds was names Canada’s 2nd fastest growing community with over 48% growth between 2011 – 2016. Despite this, the friendly community spirit remains among the young residents, half of whom are in the 18-45 age range. This particular statistic marks Blackfalds as one of the best markets in Central Alberta for investing in industrial or commercial real estate and recruiting a labor force.
It isn’t only the population that is expanding in Blackfalds, as the town has plans to become a self-sustained conurbation in the near future, with all amenities, services and necessary businesses looking to be established within easy reach of its residents, cutting down on commuting to nearby communities and helping the local economy.
With such a plan outlining the specific businesses the town is actively seeking, those with the relevant ideas for industrial or commercial real estate investment may already have an economic head start when compared to investing in neighboring towns.
Further enticing industrial and commercial real estate investment in Blackfalds are the provincial tax laws, which remain among the most competitive in North America. With Alberta being only province that does not have a provincial retail sales tax, provincial capital or payroll taxes, it has long thrived economically, and the location and population demographics of Blackfalds make it one of the most promising regional towns in which to invest.
2014 was the most active year in Blackfalds’ history for building permits issued, with the number rising 17% on the previous year to 609, and the total value reaching $124 million, up an impressive 64% on 2013’s figures, giving further confidence to those looking to invest in industrial or commercial real estate in the town.
The currently expanding retail and commercial services sector is backed up by the Downtown Revitalization Plan, which promises to help Blackfalds maintain and even improve upon its impressive recent growth.
A young and dynamic location with MLS commercial property available for both lease and purchase, investing in Blackfalds can help your business to grow as the town itself does.