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:47423)
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Detailed Information
Lot
66.75 x 36.57 m
Listing Contract Date
2024-09-30
Municipal ID
0039749221
Ownership Type
Freehold
Plan
2410068
Property Type
Other
Transaction Type
For sale
Total Buildings
1
Zoning Description
C-G
Building
Constructed Date
1979
Cooling Type
See Remarks
Foundation Type
Slab
Heating Type
Other
Size (Exterior)
11730 square feet
Total Finished Area
11730 sqft
Type
Commercial Mix
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Connected
Natural Gas
Connected
Sewer
Connected
Water
Connected
Land
Total Size
26270 square feet
Sewer
Municipal sewage system
Size of Irregular Land
26270.00
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