2-24 Main Street Se, Falher, Alberta T0H 1M0

Listed for:
$1,815,000
0 beds
0 baths
Listed 61 days ago
Retail for rent: 2-24 Main Street Se, Falher, Alberta T0H 1M0

View all 10 photos

Learn more about this property
Listing provided by:
Sutton Group Grande Prairie Professionals
MLS® number:
A2191212
Agent:
Walker Cote
*Indicates required field
Name is required
Email is required

About

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! (id:27476)

Property Highlights

MLS® Number
A2191212
Type
Retail
Ownership Type
Freehold
Land Size
2.54 ac|2 - 4.99 acres
Parking Space Total
100

Building

Building Type
Retail
Square Footage
21506 sqft
Exterior Finish
Concrete
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location