Savvy investors are considering Carstairs - and here is why: A new 300-home residential development (Mandalay Estates) and major national tenants including Loblaw and Tims Hortons are investing in this town, and here is your opportunity to own a big piece of a growing Carstairs pie. This is a rare occasion to get into sub 6% cap rate investment property! Sitting on 1 acre of land in the middle of the growing town of Carstairs, this property includes 3 individual fully leased building’s and a vacant piece of land. Great opportunity to build on the land to create additional income. Property is zoned I2 (Medium industrial) which allows for a wide array of retail and industrial uses (see “Zoning” document attached). The property has ample parking and is an excellent long term hold. Call your agent NOW for more info on this fantastic investment! (id:47423)
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Detailed Information
Listing Contract Date
2024-04-11
Municipal ID
0038048211
Plan
1811724
Property Type
Retail
Transaction Type
For sale
Zoning Description
I2
Building
Constructed Date
2016
Size (Exterior)
13463.72 square feet
Total Finished Area
13463.72 sqft
Type
Retail
Land
Total Size
Unknown
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