2-24 Main Street Se, Falher, Alberta T0H 1M0 (27859924)

2-24 Main Street Se Falher, Alberta T0H 1M0

21,506 ft2
Central Air Conditioning Forced Air Acreage

$1,815,000

Exceptional Multi-Tenant Commercial Investment located in Falher, AB. This is an outstanding opportunity to acquire a well-established commercial property in the heart of Falher. This ±21,506 sq. ft. multi-tenant building is prominently located on Main Street, offering excellent visibility, steady foot traffic, and convenient access for tenants and customers. As a staple asset within the community, this property has a proven track record of stability and long-term occupancy, making it a low-risk, high-reward investment. The building is fully leased to a diverse mix of five long-term tenants, including ATB Financial, Falher Foods, Canada Post, a Barber, and BrokerLink. These well-established businesses contribute to the property’s reliability and long-term income security. The leases are structured as triple net agreements, ensuring minimal operational expenses for the owner while providing a stable 9% capitalization rate. This asset offers investors a consistent and predictable revenue stream. The property has been well maintained and features a large paved parking area, enhancing accessibility for both tenants and customers. Its prime Main Street location ensures high exposure, further strengthening tenant retention and long-term value appreciation. This is an exceptional opportunity to acquire a turnkey, income-generating commercial property with secure long-term revenue, minimal management responsibilities, and strong financial performance. This asset provides immediate and sustainable returns, whether as a portfolio addition or a stand-alone investment. Book your showing today! (id:36938)

Property Details

MLS® Number A2191212
Property Type Retail
Features Visual Exposure, Back Lane
Parking Space Total 100
Plan 6165et
Road Type Paved Road
Total Buildings 1

Building

Constructed Date 1964
Construction Material Poured Concrete
Cooling Type Central Air Conditioning
Exterior Finish Concrete
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 21506 Sqft
Size Interior 21,506 Ft2
Total Finished Area 21506 Sqft
Type Retail

Land

Acreage Yes
Size Irregular 2.54
Size Total 2.54 Ac|2 - 4.99 Acres
Size Total Text 2.54 Ac|2 - 4.99 Acres
Zoning Description C1

https://www.realtor.ca/real-estate/27859924/2-24-main-street-se-falher

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