Brooks, AB T1R 0M9,715 2 ST W
Brooks, AB T1R 0M9,715 2 ST W
Brooks, AB T1R 0M9,715 2 ST W
Brooks, AB T1R 0M9,715 2 ST W
Brooks, AB T1R 0M9,715 2 ST W
Brooks, AB T1R 0M9,715 2 ST W
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$ 1,988,000
Est. payment | /mo

0.6 Acres Lot


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$ 1,988,000
Est. payment | /mo
Save

0.6 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Central

MLS® Listing ID A2185608

Originating Board South Central

Year Built 1979

Annual Tax Amount $17,577

Tax Year 2024

Lot Size 0.603 Acres

Acres 0.6

Property Sub-Type Mixed Use

Property Description

Prime Commercial Investment Opportunity in Brooks, Alberta with an 8%+ predicted cap rate for 2025.

Located on a high visibility main commercial corridor with convenient access to Highway #1, this 7-unit commercial building offers an outstanding investment opportunity in the heart of Brooks. Boasting approximately 11,214 square feet of space, the property features an attractive brick façade and ample parking available, ensuring convenience for both tenants and customers.

The building is home to a mix of well established commercial tenants with escalating leases, providing stable and growing rental income.

Significant upgrades have been completed over the past few years, including: Renovations to most units within the last 8 years, new air conditioning systems in several units, exterior painting on the alley facing side, electrical enhancements, including a 400-amp main panel and individual sub-panels for each unit. The rooftop HVAC systems are In good working order.

This property offers a strong return on investment and is a high performing, income producing asset with room for future growth. Don't miss out on this turnkey investment in Brooks thriving commercial market! Please do not disturb the tenants or enter businesses to view without previous arrangements through sellers agents.

Location

Province AB

County Brooks

Zoning C-G

Interior

Heating Other

Cooling Other

Inclusions Please refer to leases.

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Metal,Tar/Gravel

Lot Frontage 219.0

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Mixed

Others

Restrictions None Known

Ownership Private

Listed by Royal LePage Community Realty

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agent-avatar

As a real estate agent, Sheldons brings a strong passion and incredible dedication to ensuring real estate buyers and sellers achieve their goals in a smooth and fulfilling process. Growing up in a family of Real Estate Professionals, Property Managers, and Real Estate Investors, Sheldons gained valuable knowledge about real estate transactions. He nurtured a deep love for the industry from a young age. Given his background, he always desired to venture into the industry to give his clients a positive, rewarding, and financially satisfying real estate experience.


Determined to help his client navigate the complex and competitive market with ease, Sheldons seeks to guide, advise, and educate clients, in order to empower them to make wise and well-informed choices. He strives to go over and beyond to help buyers find their perfect homes and assist sellers in marketing their properties for top dollar. For Sheldons, there is nothing more fulfilling than seeing the smile and the look of satisfaction on his client’s face after a successful closing.


When you entrust Sheldons with your real estate dreams, you can be confident that he won’t rest until he turns them into reality.

 

+1(587) 832-1826

sxa@twentyrealty.ca

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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715 2 ST W