Prime downtown Taber investment opportunity awaits! The Tower Plaza has been a well known building in Taber since 1947 that's been adored and cared for over the years. What was once the movie theatre in town, is now currently separated into multiple office/retail spaces and a dance studio. There's a second floor with more space and even an attic just waiting to be made into something fun! Updates have been done to the flooring, plumbing, electrical and A/C was installed for comfort. Run your business from any of the office spaces and lease the rest or give it a completely new idea, whatever dream that inspires you! This building has so much potential for an investor with creative ideas. Check out the tour for a walk through and the floor plan in the photos for the layout.
Essential information
MLS® number
A2323256
Status
Active
Price
$910,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
9,451 sq ft
Year built
1947
Structure
Retail
Listing brokerage
RE/MAX REAL ESTATE - LETHBRIDGE (TABER)
Source
Pillar 9™ MLS® System
Exterior and construction
Roof
Asphalt
Zoning
DT Commercial
Community
City
Taber
Province
AB
Postal code
T1G 1S1
Where it is
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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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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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.
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3 photos$829,900104, 4 Cuendet Industrial Way, Sylvan Lake
