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715 2 Street W, Brooks
2024-10-03
Quick Summary
- Location
- 715 2 Street W, Brooks, Alberta T1R0M9
- Price
- $1,988,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 11730ft2
- Year of Construction:
- 1979
MLS®#A2169731
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. (id:32467)
Property Features
Building
- Cooling Type: See Remarks
- Fireplace: No
- Interior Size: 11730 sqft
- Building Type: Commercial Mix
- Utility Water: Municipal water
Land
- Land Size: 26270 sqft|21,780 - 32,669 sqft (1/2 - 3/4 ac)
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: C-G
Information entered by Royal LePage Community Realty
Listing information last updated on: 2024-10-04 17:54:44
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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