Raymond, AB T1J 4B3,391 N 400 ST E
Raymond, AB T1J 4B3,391 N 400 ST E
Raymond, AB T1J 4B3,391 N 400 ST E
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$3,300,000
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9.45 Acres Lot
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391 N 400 ST E Raymond, AB T1J 4B3

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Redline | Real Broker

Redline | Real Broker

+1(403) 561-2190

UPDATED:

02/10/2025 04:25 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2181598

Originating Board Lethbridge and District

Year Built 1920

Annual Tax Amount $22,058

Tax Year 2024

Lot Size 9.450 Acres

Acres 9.45

Property Sub-Type Mixed Use

Property Description

Unlock Vast Revenue Potential in Historic Raymond Building!

This restored 39,310 plus sq. ft. building offers endless possibilities. It features a swimming pool, auditorium/gym, elevator, and office spaces, as well as recent upgrades including electrical, and new roofing, The property also includes a heated outbuilding and second living quarters, with a city sewage connection and acres of land for future development.

Located on Hwy 845, this property offers prime visibility and accessibility. It's perfect for various businesses, such as a care facility, recreation center, conference center, hotel, campground, or tourism center.
Estimated Reconstruction value is at 13 million dollars at $300/sq ft!

A rare opportunity to own a piece of history and create a thriving business!

Location

State AB

County Warner No. 5, County Of

Zoning C-1

Interior

Heating Boiler, Natural Gas

Cooling Partial

Inclusions None

Exterior

Roof Type Shingle

Total Parking Spaces 46

Building

Foundation Poured Concrete

Structure Type Brick,Concrete,Stucco

Others

Restrictions Call Lister

Tax ID 56871599

Ownership Private


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391 N 400 ST E