Welcome to Crowsnest Mall, Blairmore’s premier shopping destination! Spanning 56,886 SF on 8.6 acres, this fully leased center features nine diverse tenants, 110 parking spaces, and future multifamily potential. More than just retail, it’s a hub for commerce and community in Crowsnest Pass. Come shop, dine, and explore!
Asking Price: $6,488,000.00
Building Size: (56,886 SF) Rentable: 46,866 SF
Land Size: 8.60 acres
Including land for future multifamily development
Vacancy: 0 SF (0%)
Current NOI: $580,000.00
Parking: 110 On Site
Tenancy: 9 Tenants - 100%Fully Leased
Highlights
• This property offers a strong cap rate.
• All nine units are secured with NNN leases.
• The property is anchored by IGA (Sobeys), a trusted and established grocery chain.
• Notable tenants include Bank of Nova Scotia, Red Apple, a medical clinic, and a pharmacy.
• The property benefits from a competitive advantage in an area with limited commercial
competition.
• It experiences heavy daytime traffic and is located less than 600 meters from Highway 3.
• The sale includes ±2.5 acres of excess land with a proposed multifamily development.
• The seller has completed roof improvements.
• Originally built in 1976, the property was renovated in 1999.