819 3 Avenue E, Brooks819 3 Avenue E, Brooks — photo 2819 3 Avenue E, Brooks — photo 3819 3 Avenue E, Brooks — photo 4819 3 Avenue E, Brooks — photo 5819 3 Avenue E, Brooks — photo 6819 3 Avenue E, Brooks — photo 7819 3 Avenue E, Brooks — photo 8
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For Sale · Industrial

819 3 Avenue E, Brooks

819 3 Avenue E, Brooks, AB T1R0G6

$580,000 total

6,250 SF

Asset Class

Industrial

Size

6,250 SF

Building class

C

Zoning

IM — Medium Industrial

$ / SF

$93

Occupancy

87%

Year Built

1974

Lot Size

0.47 ac

Clear height

29 ft

Loading docks

7

About this property

Well-maintained multi-bay industrial building located in Brooks’ established east-side industrial area, zoned I-L (Industrial Light). The building sits on approximately 0.47 acres and offers 6,250 sq ft of functional shop and storage space across four bays — three bays of 1,250 sq ft and one bay of 2,500 sq ft. Access is provided by five 14’ x 14’ overhead doors. Interior features include radiant heat, 200-amp electrical service with 3-phase power, a two-compartment sump with trench drains, concrete slab flooring, and ceiling heights ranging from 16’7” to 18’5”. The metal-clad building is well suited to a variety of light industrial, service, or trades uses. All bays are fully leased for immediate cash flow. May be purchased individually or in conjunction with the adjacent 823 3rd Avenue East (MLS A2342801). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$580K
Down payment30% · $174K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$33K

Annual cash flow

$881

Cash-on-cash

0.51%

DSCR

1.03

Going-in cap

5.69%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.3,251 SF2034-11
Cascade Foods Inc.1,304 SF2034-11
Cascade Foods Inc.864 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

141,133

Households

64,497

Median income

$120,500

Median age

33.7

Daytime population

145,520

5-yr growth

8.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 819 3 Avenue E, Brooks.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.