391n 400 Street E Raymond, Alberta T1J 4B3

$3,400,000

HUGE REVENUE POTENTIAL!!! The Town of Raymond fought hard to keep this grand historic building in existence over the years because of it’s prestigious unique character AND IMPORTANCE as the building holds YEARS of history within it. Well…guess what?! We did it.It’s FINALLY been completely restored from top to bottom and it’s just waiting for the right business to design it, add their brand and away they go! Boasting 39,310 square footage, a swimming pool, an elevator, an auditorium which could double as a gym, loads of office space and many MANY MANY upgrades it’s undergone, your business opportunities and revenue potential are almost limitless. Some upgrades include an entire replacement of the elevator electric control panel, a $50,000 backup natural gas generator, all new electrical which leads from the main building through a tunnel to both wings as well as the outbuildings. New water piping leading which allows for an incredible amount of water usage and all new roofing. Featuring a heated outbuilding which can be used for multiple purposes such as a workshop, storage area, creative studio and more! The second living quarters was once a living quarter for teachers and contains bedrooms, a cafe area, a laundry area with facilities hooked up, and attaches to main water distribution system. The property is hooked up to city sewage, and you’ll have acres of land to add your own creative touch! Located in a PRIME LOCATION! Right on Hwy 845, your business will have an abundance of visibility and traffic, and if that’s not enough, the highway was freshly paved as well so you’ll be dust free!This would be an absolutely perfect spot to start a care facility, a rec centre, a conference centre, a hotel WITH a conference centre, a women’s shelter, a campground, a reunion centre or possibly even a tourism centre! Time to add your flair! (id:48985)

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https://www.realtor.ca/real-estate/25094090/391n-400-street-e-raymond