Situated in a high-profile location along Highway 24, this fully tenanted commercial property offers a rare blend of stable income and diversified tenant mix. Anchored by Canada Post, a trusted national tenant, the property also features a popular local coffee shop and a well-established retail store, ensuring steady foot traffic and community engagement. In addition to its commercial appeal, the property includes two newly renovated residential suites offering modern finishes and strong rental demand. A separate freestanding residential unit adds further income potential, while the inclusion of rented yard space maximizes the site's profitability. The property is 100% occupied and currently delivers a solid 8% CAP Rate, making it an attractive turnkey investment for those seeking cash flow and long-term value. With excellent visibility and access along a busy corridor in the heart of Lone Butte, this is a standout opportunity for investors looking to secure a stable asset in a growing area. (id:47421)
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Detailed Information
Listing Contract Date
2026-01-31
Property Type
Retail
Transaction Type
For sale
Building
Amenities
Storefront
Constructed Date
1975
Parking Spaces
Name
Spaces
Visitor Parking
Land
Total Size
1.58 acres
Acreage
Yes
Size of Irregular Land
1.58
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