Savvy investors are considering Carstairs - and here is why: A new 300-home residential development (Mandalay Estates) and major national tenants including Loblaw and Tims Hortons are investing in this town, and here is your opportunity to own a big piece of a growing Carstairs pie. This is a rare occasion to get into sub 6% cap rate investment property! Sitting on 1 acre of land in the middle of the growing town of Carstairs, this property includes 3 individual fully leased building’s and a vacant piece of land. Great opportunity to build on the land to create additional income. Property is zoned I2 (Medium industrial) which allows for a wide array of retail and industrial uses (see “Zoning” document in supplements). The property has ample parking and is an excellent long term hold. Call your agent NOW for more info on this fantastic investment! (id:55577)
Property Features
- MLS® Number A2185638
- Price $3,300,000
- Square Footage: 13463.72 sqft
- Property Type: Retail
- Plan 1811724
Buildings
| Constructed Date | 2017 | Size Exterior | 13463.72 Sqft |
| Size Interior | 13463.72 Sqft | Total Finished Area | 13463.72 Sqft |
| Type | Retail |
Land
| Acreage | No | Size Irregular | 7965.00 |
| Size Total | 7965 Sqft|7,251 - 10,889 Sqft | Size Total Text | 7965 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | C-1 |
Agents and Offices
- Abe M. Elhage
- Adam Charanek
- Office: Lpt Realty Ulc