Property Details

Featured in:

Winners:

Featured in:

Winners:

715 2 Street W
Brooks (A2185608)

$1,988,000
11,214 ft²
Note: This property may have a conditional offer. Talk to us for details.
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Prime Commercial Investment Opportunity in Brooks, Alberta with an 8%+ predicted cap rate for 2025. 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 11,214 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. 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 systems are In good working order. 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.

Property details

Basic Info

MLS® #
A2185608
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Central
Price
$1,988,000
Sale/Lease:
For Sale
Size:
11,214 sq.ft.
Year Built:
1979 (46 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
Please refer to leases.

Lot / Land Info

Lot Size:
0.60 acres
Water:
Public
Sewer:
Public Sewer
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning:
C-G

Materials & Systems

Roof:
Metal, Tar/Gravel
Exterior:
Mixed
Foundation:
Slab
Heating:
Other
Cooling:
Other

Listing Info

Possession:
Negotiable
Days on Market:
70
Related Properties
Share This Listing
Ask About This Property
  • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

Email