Excellent Investment Opportunity in Coronation! Versatile commercial office/retail building offers high visibility with a prominent storefront and convenient front parking. Constructed with durable cement block, the property measures 25’ x 70’ for a total of 1,750 sq ft. Currently tenanted under a Triple Net Lease until 2028, this space has provided consistent rental income over the years. The interior has been updated and includes professional office spaces, a staff room, washroom, and a welcoming front entry. The building is heated with a boiler and radiant heat system. New asphalt shingles installed in June 2024. A solid addition to any commercial portfolio or a smart owner-user opportunity in the future. $17388 in annual net income creates a beautiful 9.15% return.
Essential information
MLS® number
A2232461
Status
Active
Price
$190,000
Property type
Commercial
Type
Office
Transaction
For Sale
Restrictions
None Known
Building area
1,750 sq ft
Year built
1000
Structure
Retail
Listing brokerage
Century 21 Masters
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
C1
Community
City
Coronation
Province
AB
Postal code
T0C 1C0
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage—
—
An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in office space in Coronation reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in office space comes up.
11 photos$194,00072 2 Avenue W, Cardston
