5219 48 Avenue, Taber, Alberta T1G 1S8 New

MLS® # A2353287

$298,000

3000 SF

Property Size 3000 SqFt
Year Built 1948

Key Details

STATUS
For sale
TYPE
Commercial Mix
BUILT IN
1948

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. (id:54406)

PROPERTY FEATURES

  • MLS® Number A2353287
  • Price $298,000
  • Square Footage: 3000 sqft
  • Property Type: Commercial Mix
  • Plan 5638l

Buildings

Constructed Date 1948 Size Exterior 3000 Sqft
Size Interior 3000 Sqft Total Finished Area 3000 Sqft
Type Commercial Mix

Land

Acreage No Size Total Text Unknown
Zoning Description Dt

BROKERAGE

  • Office: Vivo Realty
Address

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