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Renanza Realty
For sale

114 2 Street S

Vulcan, Alberta

MLS® A2353912

$249,000

Status
Active
Property type
Retail
MLS® number
A2353912
Bedrooms
—
Bathrooms
—
Year built
1965

Listing description

Commercial investment opportunity in downtown Vulcan! Located at 144 2nd Avenue South, this commercial building offers excellent street exposure in the heart of Vulcan's downtown business district. Currently occupied by a fitness business, the property offers an opportunity for investors seeking a tenant-occupied commercial building.

The main floor features an open area currently used for fitness activities, along with additional storage space, a staff room with cabinetry and kitchen sink, and separate men's and women's washrooms. The basement provides substantial additional storage space and a separate utility room. Improvements completed over the years include updated front windows and entrance, commercial tile flooring, lighting, plumbing upgrades, and two high-efficiency furnaces installed in 2017.

Additional features include a metal roof and a pea-gravelled parking area at the rear of the building. With its central location, good visibility, and existing commercial tenancy, this property presents an opportunity for investors looking to add a commercial property to their portfolio. The building may also offer potential for alternative commercial uses in the future, subject to applicable zoning and municipal approvals.

Property summary

MLS® number
A2353912
Property type
Retail
Building type
Retail
Size
3,204 sq ft
Land size
371.68 square meters
Built in
1965
Annual property taxes
$2,463.97
Days on market
17 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Exterior features
Concrete
Lot features
Visual exposure

What would this home cost you?

Based on the $249,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,159 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Magnuson Realty Ltd, VULCAN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.