Remarks

Discover the potential of this iconic two-storey commercial building, perfectly situated in the heart of Cranbrook. A true local landmark, this property offers a rare combination of versatility, charm, and endless possibilities for investors and entrepreneurs alike. The upper level boasts two well-maintained apartments, generating a steady rental income of approximately $1,950 per month. This reliable revenue stream provides a solid foundation for your investment portfolio. On the main floor, a spacious commercial area awaits your vision. Whether you choose to lease it out or establish your own thriving business, this space offers a blank canvas to bring your ideas to life. From retail to office space, the options are as limitless as your imagination. Adding to its appeal, the property includes an adjoining lot to the north, providing exciting opportunities for expansion or future development. This additional space enhances the building’s value and flexibility, making it an even more attractive investment. Practical features include separate hydro meters for each unit, a partial basement for extra storage, and a history of reliable, long-term tenants. These elements combine to create a low-maintenance, high-potential property that stands out in Cranbrook’s commercial landscape. With its prime location, built-in income potential, and room for growth, this property is ready to elevate your investment portfolio to the next level.