250-878-2821
250-549-2103
20
$4,500,000 Sale
Listed 10 hours ago
849-815 Railway Ave
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· 0.0
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· 2948
Key Facts
Key facts for 849-815 Railway Ave
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
A2263660
Size
2948 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1950
Maintenance Fee
-
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.Key Highlights:• Annual Revenue: Approx. $800,000/year (with only 2 part-time staff r...equired;note: 2024 was an underperforming year).• 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.• Staffing: Two part-time employees, who also assist with feedlot operations whennot at the siding.Expansion Potential:• Engineered plans (not yet received) are available for siding expansion to either50-car or 150-car capacity.Additional Notes:• Site includes an old elevator with minimal remaining value. (id:10452)
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Listing courtesy of: Real Estate Centre - Fort Macleod
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