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$4,500,000
Est. payment /mo
2,948 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $1,526
MLS® Listing ID A2263660
Year Built 1950
Property Sub-Type Freehold
Source Lethbridge & District Association of REALTORS®
Property 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 required;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:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Real Estate Centre - Fort Macleod
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