715 2 ST W Active

Brooks,AB T1R 0M9

$ 1988000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Central

MLS Listing ID A2169731

Originating Board South Central

Year Built 1979

Annual Tax Amount $17,577

Tax Year 2024

Lot Size 0.603 Acres

Acres 0.6

Property Description

Prime Commercial Investment Opportunity in Brooks, Alberta.

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 11,730 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. A new tenancy is currently in progress, adding further value and income potential.

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 system has been well maintained.

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 To be provided

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

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