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$ 799,000
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5219 49 AVE Taber, AB T1G 1T7
6,321 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,321 sqft
Price per Sqft $126
MLS Listing ID A2318328
Year Built 1963
Property Sub-Type Office
Property Description
Excellent investment opportunity featuring a well-maintained 6,300 sq. ft. commercial building with strong street exposure and dual access from two streets,including ample on-site parking. The property currently generates stable income with three existing tenants in place and offers immediate upside through the lease-up of two vacant office spaces. With a current cap rate of approximately 6.7%,investors have the opportunity to further increase returns by filling the remaining vacancies and optimizing rental income. The building is in good condition,minimizing near-term capital expenditures,and its prominent frontage and accessibility make it an attractive location for current and future tenants. A solid asset with both dependable cash flow and value-add potential.
Location
State AB
Zoning DT
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Office
Others
Restrictions None Known
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Listed by REAL BROKER