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391 N 400 Street EAST, Raymond, AB, T1J 4B3

MLS® # A2181598
Commercial For Sale In Raymond, Alberta
$3,300,000
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
391 N 400 Street East, Raymond, AB
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ACTIVE
391 N 400 Street EAST, Raymond, AB, T1J 4B3
$3,300,000

Property Information:

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!

Inclusions: None

Property Features:

  • Built in: 1920
  • Construction Materials: Brick, Concrete, Stucco
  • Cooling: Partial
  • Floor Space (approx): 39310.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Boiler, Natural Gas
  • Lot Size: 411642.00 Square Feet
  • Property Access: Accessible to Major Traffic Route, Direct Access, On Major Traffic Route, Paved Road, Visual Exposure
  • Roof: Shingle
  • Zoning: C-1
  • No. of Parking Spaces: 46

Courtesy of: REAL BROKER

Data provided by: Lethbridge And District Association Of REALTORS® 516 6 St. S, Lethbridge, Alberta T1J 2E2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 391 N 400 Street EAST, Raymond, AB, T1J 4B3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 391 N 400 Street EAST, experiences 7 hot days per year at around 31.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 35.9 degrees Celsius.

Projected Avg. Temperature

Past
31.6℃
2050
35.9℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

21/100

Moderate-Low

ClimateCheck®

Current data

This property, 391 N 400 Street EAST, experiences 10 significant 2-day storms per year, with about 194.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 207.8mm of precipitation per year.

Precipitation Per Storm

Past
194.4mm
2050
207.8mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 391 N 400 Street EAST, Raymond, AB, T1J 4B3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,976.76

Average Number of Children

2.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.7 %

High school certificate or equivalent

34.18 %

Apprenticeship trade certificate/diploma

13.13 %

College/non-university certificate

19.71 %

University Degree

15.29 %

Commuter

Travel To Work

By Car

95.75 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

4.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.46 %

Houses

94.54 %

Own Vs. Rent

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