2-24 Main Street SE, Falher, Alberta

  • $1,815,000
2-24 Main Street SE, Falher, Alberta, T0H 1M0, Canada, Alberta, Falher
For Sale
2-24 Main Street SE, Falher, Alberta
2-24 Main Street SE, Falher, Alberta, T0H 1M0, Canada, Alberta, Falher
  • $1,815,000

Overview

Property ID: HZA2191212
  • Commercial
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom
  • 0
  • Garage
  • 21506
  • Sq Ft
  • 1964
  • Year Built

Description

Exceptional Multi-Tenant Commercial Investment located in Falher, AB. This is an outstanding opportunity to acquire a well-established commercial property in the heart of Falher. This ±21,506 sq. ft. multi-tenant building is prominently located on Main Street, offering excellent visibility, steady foot traffic, and convenient access for tenants and customers. As a staple asset within the community, this property has a proven track record of stability and long-term occupancy, making it a low-risk, high-reward investment. The building is fully leased to a diverse mix of five long-term tenants, including ATB Financial, Falher Foods, Canada Post, a Barber, and BrokerLink. These well-established businesses contribute to the property’s reliability and long-term income security. The leases are structured as triple net agreements, ensuring minimal operational expenses for the owner while providing a stable 9% capitalization rate. This asset offers investors a consistent and predictable revenue stream. The property has been well maintained and features a large paved parking area, enhancing accessibility for both tenants and customers. Its prime Main Street location ensures high exposure, further strengthening tenant retention and long-term value appreciation. This is an exceptional opportunity to acquire a turnkey, income-generating commercial property with secure long-term revenue, minimal management responsibilities, and strong financial performance. This asset provides immediate and sustainable returns, whether as a portfolio addition or a stand-alone investment. Book your showing today!

  • Address 2-24 Main Street SE
  • City Falher
  • State/county Alberta
  • Zip/Postal Code T0H 1M0

Details

Updated on February 25, 2025 at 5:38 am
  • Property ID: HZA2191212
  • Price: $1,815,000
  • Property Size: 21506 Sq Ft
  • Bedroom: 0
  • Bathroom: 0
  • Garage: 0
  • Year Built: 1964
  • Property Type: Commercial
  • Property Status: For Sale

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