715 2 Street W, Brooks, Alberta

$1,988,000

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0.60

Acres

About 715 2 Street W

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.

Features of 715 2 Street W

MLS® # A2169731
Price $1,988,000
Bathrooms 0.00
Acres 0.60
Year Built 1979
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 715 2 Street W
Subdivision Central
City Brooks
County Brooks
Province Alberta
Postal Code T1R 0M9

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Other
Fireplace No
Has Basement No

Exterior

Roof Metal, Tar/Gravel
Construction Mixed
Foundation Slab

Additional Information

Date Listed September 30th, 2024
Days on Market 46
Zoning C-G
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage Community Realty

Listing Map