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$ 298,000
Est. payment /mo
New
5219 48 Avenue Taber, AB T1G1S8
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $99
MLS Listing ID A2353287
Year Built 1948
Property Sub-Type Mixed Use
Property Description
This property presents an excellent investment opportunity in the heart of downtown Taber,featuring a newly signed five year lease with escalating rental rates through 2031. The existing tenancy provides established rental income and long-term lease security,while scheduled rental increases offer the potential for income growth over the lease term. The building has been tastefully renovated with modern finishes,offering an attractive commercial space with reduced immediate renovation needs.
Ideally situated in downtown Taber,this property offers investors the benefit of an established tenant,a defined lease term and potential for increasing rental returns. Its versatile layout and central location also support long term commercial appeal and future flexibility,subject to the existing lease and applicable zoning regulations.
Please note: Tenant rights apply. All showings are by appointment only. The business operating on the premises is owned by the tenant and is not included in the sale. The sale pertains to the property only.
Ideally situated in downtown Taber,this property offers investors the benefit of an established tenant,a defined lease term and potential for increasing rental returns. Its versatile layout and central location also support long term commercial appeal and future flexibility,subject to the existing lease and applicable zoning regulations.
Please note: Tenant rights apply. All showings are by appointment only. The business operating on the premises is owned by the tenant and is not included in the sale. The sale pertains to the property only.
Location
Province AB
County 0312
Zoning DT
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Other
Others
Restrictions None Known
Listed by VIVO Realty
Nearby Locations