114 2 Street S, Vulcan   ||   $249,000

DETAILS

MLS® NUMBER A2353912
BUILDING TYPE Retail
PROPERTY CLASS Commercial
YEAR BUILT 1965
BASEMENT None
GARAGE No
Commercial investment opportunity in downtown Vulcan! Located at 144 2nd Avenue South, this commercial building offers excellent street exposure in the heart of Vulcan's downtown business district. Currently occupied by a fitness business, the property offers an opportunity for investors seeking a tenant-occupied commercial building. The main floor features an open area currently used for fitness activities, along with additional storage space, a staff room with cabinetry and kitchen sink, and separate men's and women's washrooms. The basement provides substantial additional storage space and a separate utility room. Improvements completed over the years include updated front windows and entrance, commercial tile flooring, lighting, plumbing upgrades, and two high-efficiency furnaces installed in 2017. Additional features include a metal roof and a pea-gravelled parking area at the rear of the building. With its central location, good visibility, and existing commercial tenancy, this property presents an opportunity for investors looking to add a commercial property to their portfolio. The building may also offer potential for alternative commercial uses in the future, subject to applicable zoning and municipal approvals.
Listing Brokerage: Magnuson Realty Ltd

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