This building is located in the downtown core of Brooks, Ab with over 12,000 square feet the development options are endless. The upper level is host to 8 individual bachelor suites that has potential for a generous monthly revenue. The suites need to be completed but have been taken down to the studs, some with fresh drywall. The lower level was once a hotel bar but it has also been taken down to the studs and ready for you to develop. with a shortage of commercial retail space for rent it could provide multiple units to accommodate the shortage. Cal today to discuss and GET MOVING IN THE RIGHT DIRECTION!
Essential information
MLS® number
A2284773
Status
Active
Price
$437,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
See Remarks
Building area
12,472 sq ft
Year built
1962
Structure
Low Rise (2-4 stories)
Listing brokerage
Harvest Real Estate
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
CC
Parking
Total parking
8
Community
Subdivision
SCDT
City
Brooks
Province
AB
Postal code
T1R 0G1
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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 commercial property in Brooks 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.
24 photos$439,900202 2 Street W, Drumheller
