5219 48 Avenue

Taber, Alberta

Photo of 5219 48 Avenue, Taber

$298,000

3,000 sqft

Commercial Mix · Built 1948

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Listed by VIVO Realty

About this home

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. (id:67470)

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