541 Main Street Street, Falher, AB, T0H 1M0Listing ID# CA0105295
- Building Type: Multi-Family
- Land Size: 104.00X188.00
- Status: For Sale/Active
- Days on Market: 224
- Tax Year: 2016
- Taxes: $2,646.81
- Parking Type: Garage - Detached
- Garage: 1.0
- Heating: Furnace - Forced Air - 1, Natural Gas
- Construction: Wood
- Roofing: Shingle - Asphalt
Great property on the main Drive going into the Town of Falher adjacent to the Ford Dealership. Falher is the main trading area for Agriculture, Oil and Gas, Amenities and service business. Falher has always held its own and has a consistent growth pace, not fast but always Consistent. The property has a good Cap Rate at 10%, this does not include the vacant lot that makes up for a big portion of this property. The town presently does not have a public after Hours Debit Card Fuel station. This is something desperately needed in the area. Also a used RV/Automotive/Equipment dealer would do very well on this lot. The lot was originally used for gravel and landscaping product sales which would work well on this spot. This is a very solid Building and the owners have done numerous renovations since having taken over the property. Tenants have also been in the building for a good period of time and sounds like they will both be staying for a while yet.
Listing courtesy of Marc Aubin & Associates
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