AB > Falher
Falher, AB T0H 1M0,2-24 Main ST SE
Falher, AB T0H 1M0,2-24 Main ST SE
Falher, AB T0H 1M0,2-24 Main ST SE
Falher, AB T0H 1M0,2-24 Main ST SE
Falher, AB T0H 1M0,2-24 Main ST SE
Falher, AB T0H 1M0,2-24 Main ST SE
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Dinson Devassy

Dinson Devassy

+1(825) 882-0181
$ 1,700,000
Est. payment | /mo

2.54 Acres Lot

Save
$ 1,700,000
Est. payment | /mo
Save

2.54 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2191212

Year Built 1964

Annual Tax Amount $21,191

Tax Year 2024

Lot Size 2.540 Acres

Acres 2.54

Property Sub-Type Retail

Source Grande Prairie

Property 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 9.61% 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!

Location

State AB

County Smoky River No. 130, M.d. Of

Zoning C1

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Roof Type Flat,Tar/Gravel

Total Parking Spaces 100

Building

Lot Description Back Lane, Irregular Lot

Foundation Poured Concrete

Structure Type Concrete,Other

Others

Restrictions None Known

Tax ID 93834854

Ownership Private

Listed by Sutton Group Grande Prairie Professionals
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(825) 882-0181

dinson.devassy13@gmail.com

5764 Maidstone crescent ne, Calgary, Alberta, T2a 4c4, CAN

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2-24 Main ST SE