586 Main Ave W

For Sale 50 Days
$1,049,000
beds
baths
9,250 Sqft

586 Main Ave W

For Sale 50 Days
$1,049,000
beds
baths
9,250 Sqft

Highlights

Key insights

Description

Priced Reduced - Turn-Key Commercial Investment – 586 Main Ave W, Sundre - CAP 6.47This high-visibility, income-generating FULLY RENTED 4-bay commercial property with Storage unit income and residential unit, is ideally situated on Sundre’s busy Main Avenue West, offering maximum exposure to highway commercial traffic and versatile functionality for investors or owner-operators.Property Highlights:Four commercial bays, fully leased with strong, stable tenants.Spacious storage bay, ideal for warehousing or operations use. LEASEDAttached 2-bed, 2-bath residential suite, perfect for staff housing, rental income, or owner-occupancy. LEASEDParking for 15+ vehicles with excellent access for larger vehicles, including trucks and trailers.Highway Commercial zoning, allowing for a wide variety of permitted uses.Strong curb appeal with updated signage, refreshed exterior, and clean layout.Recent Upgrades:Connected to town water (2021)Exterior repainted (2023)New membrane roof installed (2023)LED signage lighting installed (2024)Suite Updates:Fresh paint throughoutNew window for added efficiencyNew stove, dishwasher, and hood fanNew tile installed by the balconyThis property offers a solid income stream, flexible configuration, and is located in a growing, business-friendly community. Whether you're looking to expand your portfolio or establish a commercial base in Sundre, 586 Main Ave W delivers long-term value and strong upside potential. (id:63267)

Sarah Kennedy of Real Broker,
#A2240983
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    In floor heating
Exterior
  • # parking spaces
    15
Lot/ Land Details
  • Lot dimensions
    24570
Overview
  • Lot size (acres)
    0.57730263
  • Building size
    9250
  • Listing #
    A2240983
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28622840/586-main-ave-w-sundre
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,797

/ Month
25 Years fixed, 20% down payment, % interest
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