Description

Commercial building for sale on busy Main Street in Didsbury AB. This unique 2 story brick building was built in 1925 and completely renovated in 2014/15 & consists of 2693 sq. ft. on the main floor and 2505 sq. ft. on the second floor and a 30 ft. X 30ft garage with 10 ft. ceiling and 10 ft. wide garage door as well as a man door. This property also has a double paved lot in the back accessed by a back alley. There is an elevator between the main floor and second floor. The main floor tenant is a fully renovated thriving ladies clothing and accessories boutique for the past 9 years. The second floor consists of a fully renovated residence with an open living area with a dining/kitchen area, living room/eating area, large bedroom with 2-9'X8' walk in closets, a large bathroom, and a large back area. Each level has a new furnace with air conditioning. This Property is a great investment opportunity. This property should easily yield an 8% cap. Current tenants would like to stay. Very low maintenance. Business not included in sale. If tenant can not stay then upwards of 6 months notice required to move. Long distance landlord available as tenant will take care of all maintenance etc. (id:17377)
Complete Description
Complete Description

Property features

Asking Price
$589,900
Year of construction
1925
FIRST PLACE REALTY
Source: REALTOR.ca DDF®

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage

Price history

Price history for this listing is not publicly available. To request a consultation with a local Purplebricks REALTOR® call: 1-855-757-2275

$589,900

Multiplex property for sale

1814 20 ST

Didsbury

MLS® # C4261337

House hunting? Buy with Purplebricks, get $2,000 cash back!*
Learn more