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4905 2 St

14,400 SF 100% Leased Retail Building Claresholm, AB T0L 0T0 $705,412 USD ($49 USD/SF) 7.50% Cap Rate

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Investment Highlights

Lots of parking backs onto green space.
The building has 3 business units.

Lots of natural light

Executive Summary

Great investment with lots of feature growth potential. The main floor is approximately 7,200 sq ft. The building has 3 business units. The first unit is occupied by Alberta Health Services, the second unit is 1055 sq ft and vacant (potential for multiple uses such as a cannabis store, convenience store, launder mat) and the third unit is a liquor store. An unfinished 7200 sq ft 2nd story with elevator and side stairs has the potential to build 6 to 10 residential apartments or seniors homes or Hotel / Motel. The owner is retiring, Great opportunity to own a Liquor Store and building. The Corner Liquor store business is also for sale asking $60,000 + Inventory. Lots of feature growth potential. Lots of parking backs onto green space.