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715 2 Street W

Brooks T1R 0M9

MLS® Number:  A2185608

Back to Central   

  • Home \
  • Brooks \
  • Central \
  • 715 2 Street W

$ 1,988,000

0

BEDROOMS

0 + 0

BATHROOMS

1979

YEAR BUILT

https://www.cirrealty.ca/reb/rasca/8/A2185608_2.jpg

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MLS® Number
A2185608
PROPERTY TYPE
Mixed Use
LISTING DATE
January-06-2025

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.

COMMUNITY  Central
PROPERTY TYPE  Mixed Use
BUILDING TYPE  Mixed Use
STYLE  N/A
YEAR BUILT 1979
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  Other
FIREPLACE  N/A
FLOORING 
HEATING  Other
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF  Metal, Tar/Gravel
TITLE  Fee Simple
BROKER  Royal LePage Community Realty

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.