Commercial $ 649,900

2002 20 AVE

Bowden, AB T0M 0K0

  • 8,580 Lot Size
  • 1964 Year Built
Excellent investment opportunity to own a commercial strip mall in Bowden, Alberta. This well-maintained commercial building features five individual units, each equipped with its own private washroom and separately metered utilities, offering ease of management and strong tenant appeal. The property is currently leased, providing immediate rental income. Investors have the opportunity to increase cash flow and enhance value through tenant placement and future rent growth. Benefiting from excellent visibility, easy access, and ample street parking for both tenants and customers, this property is strategically positioned in a convenient and accessible location. Whether you're looking for a stable income-producing asset or a value-add investment opportunity, this commercial property offers strong potential in the growing community of Bowden.
Listed by RE/MAX House of Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Retail

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID A2323698

    Year Built 1964

    Annual Tax Amount $3,841

    Tax Year 2026

    Lot Size 8,580 Sqft

    Acres 0.2

    Property Sub-Type Retail

    Source Calgary

  • Location

    Province AB

    County Red Deer County

    Zoning C1

  • Others

    Restrictions None Known

    Tax ID 113121861

    Ownership Private

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