Excellent investment opportunity to own a commercial strip mall in Bowden, Alberta. This well-maintained commercial building features five individual units, each equipped with its own private washroom and separately metered utilities, offering ease of management and strong tenant appeal. The property is currently leased, providing immediate rental income. Investors have the opportunity to increase cash flow and enhance value through tenant placement and future rent growth. Benefiting from excellent visibility, easy access, and ample street parking for both tenants and customers, this property is strategically positioned in a convenient and accessible location. Whether you're looking for a stable income-producing asset or a value-add investment opportunity, this commercial property offers strong potential in the growing community of Bowden. (id:55577)
Property Features
- MLS® Number A2323698
- Price $649,900
- Square Footage: 5085 sqft
- Property Type: Retail
- Plan 1905h
Buildings
| Constructed Date | 1964 | Size Exterior | 5085 Sqft |
| Size Interior | 5085 Sqft | Total Finished Area | 5085 Sqft |
| Type | Retail |
Land
| Acreage | No | Size Irregular | 8580.00 |
| Size Total | 8580 Sqft|7,251 - 10,889 Sqft | Size Total Text | 8580 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | C1 |
Agents and Offices
- Gurjit Birring
- Office: RE/MAX House Of Real Estate