715 2 Street W Brooks, Alberta T1R 0M9
$1,988,000
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. (id:57312)
Property Details
| MLS® Number | A2185608 |
| Property Type | Other |
| Community Name | Central |
| Plan | 2410068 |
| TotalBuildings | 1 |
Building
| ConstructedDate | 1979 |
| CoolingType | See Remarks |
| FoundationType | Slab |
| HeatingType | Other |
| SizeExterior | 11214 Sqft |
| SizeInterior | 11214 Sqft |
| TotalFinishedArea | 11214 Sqft |
| Type | Commercial Mix |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 36.57 M |
| SizeFrontage | 66.75 M |
| SizeIrregular | 26270.00 |
| SizeTotal | 26270 Sqft|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| SizeTotalText | 26270 Sqft|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| ZoningDescription | C-g |
Utilities
| Electricity | Connected |
| Natural Gas | Connected |
| Sewer | Connected |
| Water | Connected |
https://www.realtor.ca/real-estate/27769161/715-2-street-w-brooks-central
Interested?
Contact us for more information
Tracy Hazzard
Associate
#3 - 1308 - 2a Street West
Brooks, Alberta T1R 0V5
Brian Reinboldt
Broker
7-440 2nd St W
Brooks, Alberta T1R 0T4
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January 06 2025 05:12:25
REALTORS® Association of South Central Alberta
Royal LePage Community Realty, Brooks Realty