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5219 49 AVE Taber, AB T1G 1T7
Key Details
Sold Price -
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2318328
Sold Date -
Year Built 1963
Annual Tax Amount $3,302
Tax Year 2026
Property Sub-Type Office
Source Lethbridge and District
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
County Taber, M.d. Of
Zoning DT
Others
Restrictions None Known
Tax ID 56622751
Ownership Private
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