The highly visible Keeley building on Highway 2 North in Nanton sees average annual daily vehicle traffic of 11,960. Heavy traffic volume at the crossroads of highway 2 and 533 brings visitors from both British Columbia and the United States and makes this an excellent shopping destination and tourist attraction (Source: Alberta Transportation – Alberta Highways 1 to 986 Traffic Volume History, 2004-2013).
As one of Nanton’s most celebrated properties, any business that takes up residence in the Keeley building will benefit not only from its location, but also the building’s history and the town’s unique charm. Any number of businesses, from retail stores to restaurants or bed and breakfasts, could thrive here. The long commercial history of this site and the legacy architecture will drive traffic to your business and add a unique market advantage that usually takes years to establish.
The W. S. Keeley building offers approximately 9000 square feet of total floor space which is excellent for retail use. There is a partial basement as well as a second floor. The division of space per floor is as follows:
- Main Floor: 3,640 square feet.
- Upper Floor: 3,640 square feet.
- Basement: 1,500 square feet.
Ceiling height varies throughout the building. The measured height from the floor to the ceiling of the property is:
- Main Floor: 14 to 16 feet.
- Second Floor: 8 feet.
- Basement: 7 – 8 feet.
The materials used in the building’s construction include:
- Foundation: Poured concrete.
- Structural frame: Clay brick construction.
- Exterior walls: Clay brick; Heritage-style decorative fascia.
- Interior design: Fir hardwood floors; plaster and lathe walls; plaster and lathe ceilings; incandescent and fluorescent lighting.
- Tar and gravel roof
The building includes a working elevator between the main and second floors. The electrical system is fully functional and meets all needs without issue.
Upgrades that have been made over the years include:
- 12- 230 watt Sharp solar panels (2760 watts) and a Sunergy LV240SKW grid interactive inverter have been installed on the roof to reduce energy costs. There are also six solar PV module racks for future expansion.
- All of the electrical and plumbing
- Ceiling fans put in the main floor
- Outside yard completely finished with reclaimed European wrought-iron fencing and 100 year-old bricks from SAIT were used for the pillars and walls
- Shed is clad in 1920s historical southern Alberta barn siding and the interior is completed with the original mangers and stalls
- Concrete retaining wall added to basement
The Keeley building also has the advantage of six apartments located on the second floor which are currently being rented for retail use. These rooms could also be converted into a private residence or loft space. Alternatively, they could be rented as an office space or turned into hospitality suites. The range of opportunities is endless.
With two front entrances, the main floor layout could accommodate two different businesses with a separate entrance to the upstairs, both front and back.
Asking Price: $799,000
To learn more about this property sale, contact Realtors.
Investment Potential Mosquito Creek Trading Post
Also for sale is the Mosquito Creek Building on 2114 19th St, Nanton. This stunning 2500 sft heritage building would be an excellent complement to the Keeley Building and is offered separately for sale at an asking price of $295,000.
Please contact Gord Hyland / Chris Doehner for more details.