This property presents an excellent investment opportunity in the heart of downtown Taber, featuring a newly signed five year lease with escalating rental rates through 2031. The existing tenancy provides established rental income and long-term lease security, while scheduled rental increases offer the potential for income growth over the lease term. The building has been tastefully renovated with modern finishes, offering an attractive commercial space with reduced immediate renovation needs.
Ideally situated in downtown Taber, this property offers investors the benefit of an established tenant, a defined lease term and potential for increasing rental returns. Its versatile layout and central location also support long term commercial appeal and future flexibility, subject to the existing lease and applicable zoning regulations.
Please note: Tenant rights apply. All showings are by appointment only. The business operating on the premises is owned by the tenant and is not included in the sale. The sale pertains to the property only.
Essential information
MLS® number
A2353287
Status
Active
Price
$298,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
3,000 sq ft
Year built
1948
Structure
Other
Listing brokerage
VIVO Realty
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
DT
Community
City
Taber
Province
AB
Postal code
T1G1S8
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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15 photos$249,9005325 48 Avenue, Taber
