5219 49 AVE, Taber, AB T1G 1T7
5219 49 AVE, Taber, AB T1G 1T7
5219 49 AVE, Taber, AB T1G 1T7
30
See all 30 photos
$799,000
Est. payment /mo
6,321 SqFt
New

5219 49 AVE Taber, AB T1G 1T7

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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

Province 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

NEARBY SCHOOL & BUSINESS

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Reilly Nicholls

Reilly Nicholls

Owner | REALTOR®

+1(403) 701-0338

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5219 49 AVE