402086 81 Street East Rural Foothills County, AB T0L0A0

THIS IS A COURT APPROVED SALE PROCESS MANAGED BY ALVAREZ & MARSAL CANADA INC. (the "Receiver"). THERE IS NO OFFICIAL LISTING PRICE AS THE PROPERTY IS BEING OFFERED THROUGH A COURT APPROVED BIDDING PROCESS. Please ask the Listing Brokerage for details of court approved bid process. Time is of the essence with a Phase 1 Bid Deadline of July 5th, 2024. Freestanding manufacturing & fabrication building of 63,495 SF on 4.94 acres; 2 Crane runways with multiple cranes. Crane capacity up to 30-ton; Sump and trench drains throughout; 3 make-up air units; Sprinklered building; 15-minute drive to Calgary city limit. Lower property taxes in Foothills County relative to Calgary. Access to Highway 2A and QE Highway 2; Proven Labour pool as previous metal fabricator, Lyncorp Manufacturing Ltd. had 75 employees on 2 shifts at peak; CWB (Canadian Welding Bureau) certified welding shop; Property on town water from High River; Multiple drive-in and drive-thru doors from 18ft. by 18ft. to 30 ft. by 30 ft; Paint booth to remain as included in sale. This property is approximately 15 minutes South of Calgary city limits. Confidentiality Agreement available on request for access to Due Diligence materials. Notice: GD Auctions & Appraisals is holding an onsite review of auction items at the Property from 9am to 5pm on June 19th, 2024.