$298,000
5219 48 Avenue
Taber · Alberta
MLS® A2353287 · Active · Other
Property photographs
About this property
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:65883)
Property summary
- Property type
- Other
- Building type
- Commercial Mix
- Postal code
- T1G1S8
- Year built
- 1948
- Living area
- 3000 square feet
- Building area
- 3000 square feet
Heating & cooling
- Heating
- Cooling
Building & parking
- Basement
- Foundation
- Roof
- Construction
- Parking
Appliances & services
- Appliances
- Zoning description
- DT
Location
Listed by VIVO Realty. Information is believed reliable but should be independently verified. Measurements and availability may change.