GREAT INVESTMENT OPPORTUNITY FOR SALE: Two spaces on Drumheller’s busiest street. Basement is unfinished. Zoned DT for multiple uses. ADDRESS: 120 3rd Ave East - there are two lots (106 3rd and 120 3rd). Income for each space :::::::::::::: Kim’s $950 x 12 = $11,400 + p,g,w :::::::::::::: Grocery $1050 x 12 = $12,600 + p,g,w :::::::::::::: Less: Insurance $2500 estimated :::::::::::::: Less: Taxes $1850 actual :::::::::::::: Net Income = $19,650 Net Income :::::::::::::: 8% return. Excellent location in downtown Drumheller. (id:51532)
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