5219 49 Avenue, Taber, AB, T1G 1T7

MLS® # A2318328

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Commercial For Sale In Taber, Alberta

$799,000

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5219 49 Avenue, Taber, AB, T1G 1T7

$799,000

Property Information:

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.

Inclusions: n/a

Property Features:

Built in: 1963
Floor Space (approx): 6321.00 Square Feet
Zoning: DT

Courtesy of: REAL BROKER

Data provided by: Lethbridge And District Association Of REALTORS® 516 6 St. S, Lethbridge, Alberta T1J 2E2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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