5219 49 Avenue Taber, Alberta T1G 1T7

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6,321 ft2

$799,000

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. (id:48985)

Property Details

MLS® Number A2318328
Property Type Office
Plan 1712398

Building

Constructed Date 1963
Size Exterior 6321 Sqft
Size Interior 6,321 Ft2
Total Finished Area 6321 Sqft
Type Offices

Land

Acreage No
Size Total Text Unknown
Zoning Description Dt

https://www.realtor.ca/real-estate/29864578/5219-49-avenue-taber