518 2 Avenue, Bassano
ATTENTION INVESTORS - Looking for a commercial investment opportunity in a well-maintained building with good tenants? Look no further than this! The building has three 500 sq foot bays which are currently leased by two tenants, one with a 500’ bay and the other with two 500’ bays, with leases that last until mid 2027 and 2028, respectively. Property also features low maintenance cinderblock construction with metal siding and recent roof replacement. Don’t miss this chance to earn an estimated Cap Rate of 6.5%. Contact your commercial Realtor® or the listing agent today to learn more about this opportunity. (id:1945)
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Property details for 518 2 Avenue, Bassano
- Type
- Commercial
- Living Area
- 1,530 square feet
- Lot Size
- 48' 35" by 47' 39" by 44' 45" by 48' 54"
- Heating
- Natural gas, Central heating
- Cooling
- Central air conditioning
- Exterior
- Concrete, Metal
- Ownership
- Freehold
- Annual Taxes
- $3,399 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 518 2 Avenue
Active Listings
7
Min Price
$90,000
Max Price
$899,900
Avg Price
$354,843
Days on Market
167
days
Sold Listings
6
Min Sold Price
$90,000
Max Sold Price
$999,000
Avg Sold Price
$357,567
Days until Sold
162
days
Neighbourhood Census Data
Bassano, Alberta
Population
561
Median Age
49.8
Median Income
$31,424
Dwelling Value
$184,858
Housing Tenure
Owners 78%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 184.3/km²
Avg Shelter Cost: $1,030/mo
Owners with Mortgage: 59%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 40%
English only: 96.4%
English and French: 2.7%
Median Household Income: $55,936
Median Employment Income: $35,968
Price History
Listed
April 15, 2026
by First Place Realty
Current Price
$229,000
-4.4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $229,000 | $10,500 (-4.4%) |
| Sep 3, 2026 | $239,500 | Listed |
