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CAABBrooksCentral715 2 St E
715 2 St E, Home with 0 bedrooms, 0 bathrooms and null parking in Brooks AB | Image 1
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$1,836,000

715 2 St E, Brooks, AB

Real Estate

Sold

$--,---,---
$1,988,000
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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $17,577
Approx. Age 1979
MLS® Number A2185608

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberA2185608
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1979
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/COther
Heating Fuel

Extras

Please refer to leases.

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