Description

This prominent historic commercial building is the perfect mixed-use investor & owner-occupier opportunity! In the heart of bustling downtown Cranbrook, this iconic building was constructed at the turn of the 19th century as a bank and has 3 walk in vaults and even a solid concrete room in the basement. With 4,812 sq ft on the main floor, 1,552 sq ft upstairs with stairs or elevator access and 1,812 sq ft in the basement. The property offers flexible leases and below market rents and multiple income sources offering a diverse income stream and exciting opportunity for an investor or owner-occupier to realize exciting upside through bringing rents to market. Zoned C-1 with a plethora of permitted uses. The building is in exceptional condition and is constantly being updated, including roof, heating, and the add on foundation was built for a second storey.