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Executive Summary

?? Prime Investment Opportunity in Coaldale, Alberta!
Located right on Main Street in Coaldale, this two-storey mixed-use commercial building offers an exceptional opportunity for investors seeking stable income and long-term growth.
The main floor features four retail/commercial units, all currently leased to reliable tenants providing steady rental income. One of these units is a liquor store operated directly by the owner — an additional source of strong and consistent revenue.
The second floor includes a comfortable owner’s residential suite, ideal for live-and-work convenience or additional rental potential.
Situated in the heart of Coaldale’s vibrant downtown, this property benefits from excellent visibility, high pedestrian traffic, and proximity to local amenities and major routes.
This is a rare opportunity to acquire a well-maintained, income-generating property in a growing Alberta community — perfect for both investors and owner-operators.
?? Highlights:
• Prime Main Street location
• Four fully leased main-floor commercial units
• Owner-operated liquor store for added income
• Second-floor residential suite
• Strong tenant mix and stable cash flow
• Excellent exposure and accessibility
?? An ideal live-and-invest opportunity in the thriving town of Coaldale!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,800 SF
Year Built
1990
Price
$1,779,838 USD
Price Per SF
$181.62 USD
Cap Rate
6.20%
NOI
$110,350 USD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.28 AC
Zoning
C-1 - Commercial
Parking
6 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
54’ on 20th Avenue

Amenities

  • Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Scotiabank
Tim Hortons
  • Listing ID: 38244173

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 1814 20th Av, Coaldale, AB T1M 1K8

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