The Vendor has retained Form Retail Advisors Inc. and National Retail Group (the “Co-Listing Agents”) to facilitate the sale of 670 and 840 Main Street located in Pincher Creek, AB (the “Subject Properties”).
The Subject Properties present an excellent opportunity for investors seeking value-add investment deals in Western Canada. Alternatively, the Subject Properties are well-positioned to owner-users looking to establish a presence in Pincher Creek or relocate from their existing business premise. Both assets are being offered for sale well-below replacement costs creating value for all buyer profiles.
670 MAIN STREET
- 14,854 square foot, street-front asset formerly occupied by The Bargain! Shop (currently vacant), located at the intersection of Main Street and Christie Avenue.
- The asset has ample parking and benefits from its central market location in Pincher Creek.
- Offered at $995,000 ($67 PSF).
840 Main Street
- 19,311 square foot, single-tenant asset, formerly occupied by Sobey’s (currently vacant).
- The property is situated on a 50,530 square foot lot with 81 parking stalls, presenting an outstanding opportunity to reposition and re-tenant.
- Offered at $1,500,000 ($78 PSF).