501 Main Street, Falher, AB, T0H 1M0

Listing ID# E4050204
< Back

$ 689,990

  • 501 Main Street
    Falher, AB T0H 1M0
  • Listing ID E4050204
  • Building Type: Commercial
  • Stories: 2
  • Land Size: 0.34
  • Status: For Sale/Active
  • Days On Website: 227
  • Age of Building: 1968
  • Laundry: Y
  • Community: Falher
  • Amenities: Flat Site, Level Land, Low Maintenance Landscape,
View less

Property Description

Phenomenal opportunity! Great lot, with two apartment complexes, each with 6 units available for rent. Common area for laundry in renovated unit. Currently, 11 of 12 units are rented out, majority are long term tenants- some have been there for 20+ years. Excellent ROI. One building has been extensively renovated, including brand new mechanical, new kitchens, paint, tiles, flooring, windows, and much more. Older unit could be renovated to accommodate additional rental space, or may be converted to store front/and or office space. Potential for a 3rd building is available. Lots of storage. Zoned as 'C1'. Adjacent lot, on a separate title, may also be included.


  • ensuite laundry
  • parking
78019 Range Road 213 Road, Falher, AB
78019 Range Road 213 Road
Listing courtesy of Royal LePage Valley Realty
  • 14112 sq ft
205 Main Street, Falher, AB
205 Main Street
Listing courtesy of RE/MAX Northern Realty
  • 7700 sq ft
Add to favourites
Bootstrap Slider

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (?IDX?) program of the Edmonton Real Estate Board. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the Edmonton Real Estate Board. Copyright? 2017 Edmonton Real Estate Board. All rights reserved.

*Points of Interest data provided by Bing Maps. School data provided by GeoJet. Neighbourhood data provided by Onboard Informatics. Address data provided by DMTI Spatial