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Home AB Falher
2-24 Main Street SE
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2-24 Main Street SE $1,815,000
$1,815,000
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2-24 Main Street SE
Falher, Alberta T0H1M0

MLS® Number: A2191212

Listing 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% 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! (30051136)

Property Summary

Property Type
Retail
Building Type
Retail
Title
Freehold
Land Size
2.54 ac|2 - 4.99 acres
Built in
1964
Annual Property Taxes
$21,191
Total Parking Spaces
100
Time on REALTOR.ca
101 days

Building

Building Features
Features
Visual exposure, Back lane
Foundation Type
Poured Concrete
Construction Material
Poured concrete
Total Buildings
1
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Concrete
Parking
Total Parking Spaces
100

Measurements

Square Footage
21506 sqft
Total Finished Area
21506 sqft
Exterior Building Size
21506 sqft

Land

Lot Features
Road Type
Paved road
Other Property Information
Zoning Description
C1
Data provided by: Pillar 9™
Walker Cote