Excellent investment opportunity to own a commercial strip mall in Bowden, Alberta. This well-maintained commercial building features five individual units, each equipped with its own private washroom and separately metered utilities, offering ease of management and strong tenant appeal. The property is currently leased, providing immediate rental income. Investors have the opportunity to increase cash flow and enhance value through tenant placement and future rent growth. Benefiting from excellent visibility, easy access, and ample street parking for both tenants and customers, this property is strategically positioned in a convenient and accessible location. Whether you're looking for a stable income-producing asset or a value-add investment opportunity, this commercial property offers strong potential in the growing community of Bowden.
Essential information
MLS® number
A2337587
Status
Active
Price
$649,900
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
5,085 sq ft
Lot size
8,580 sq ft
Year built
1964
Structure
Retail
Listing brokerage
Pro Broker
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
C1
Community
City
Bowden
Province
AB
Postal code
T0M 0K0
Where it is
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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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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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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24 photos$509,9003, 720 Centre Street NE, Langdon
