Priced under appraised value is this fantastic, rare commercial / multi-family residential opportunity in the Pincher Creek!
With strong visibility and flexible use potential, the building and property has been the site of the town fire hall and emergency services operations for many years. The property currently features approximately 5,874 sq. ft. on the main floor with a finished reception area, open lounge and kitchen, and two five-piece washrooms. The 1,420 sq. ft. mezzanine includes three offices, a boardroom, and two additional rooms, with separate exterior stair access at the rear.
The building is equipped with seven 12' x 14' overhead doors and a hot water boiler system providing baseboard and forced air heat to office and shop areas. Situated on a beautiful parcel just over 20,000 sq. ft right on the Pincher Creek, the site allows for ample parking and circulation.
Ideally positioned in Pincher Creek at the junction of Highway 6 and Highway 507, approximately 97 km west of Lethbridge, this property presents an excellent opportunity for a variety of commercial or multi family residential re-development options.
Essential information
MLS® number
A2282656
Status
Active
Price
$700,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
7,295 sq ft
Year built
1986
Structure
Institutional
Listing brokerage
Grassroots Realty Group
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
PI
Community
City
Pincher Creek
Province
AB
Postal code
T0K 1W0
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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 commercial property in Pincher Creek reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in commercial property comes up.
7 photos$599,900837 E Centre Street, Carstairs
