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Data was last updated 2021-05-12 at 11:24:17 AM (MDT)

5218 50 Avenue - MLS® # A1082249

Property Details


List Price
$785,000
Living Area
0 sqft.
Bedrooms
Bathrooms
Lot Size Area
sq.ft.
Taxes
N/A
Type
Mixed Use (Commercial)
Style
Basement
Year Built
1952

Description

Rare Opportunity to Purchase a building with a great revenue stream already in place with opportunity to increase you revenue. The property located in the Uptowne area of Olds has numerous revenue sources. The main floor includes FIVE separate office spaces PLUS a 1100+ sq ft apartment. Current owner occupies the main floor apartment Plus two of the office spaces. Three of the office spaces are rented with long term tenants. Downstairs is an additional revenue stream with Four suites all are currently rented with some rented to long term tenants. Outside the building is a THREE bay heated detached garage with each bay separated. The building has been very well maintained with new roof in the last six years, vinyl windows, boiler system is serviced every year. Beautiful hardwood flooring thru out the building. A new owner could live in the main level apartment and work from one of the five office spaces. The lower level apartments include 3-One bedroom units and One Studio Unit . All are currently leased. Outside you will find a three bay 30'x36' detached garage with one of the bay fitted as fitness studio complete with mirrors , rubber mat flooring and 3 piece bath with walk in shower. The garage is heated with in floor heat. Tenants enjoy paved parking spaces with plug in's. Fenced courtyard for tenants. Take a virtual tour of this amazing building to view.

Listing Provided By

ROYAL LEPAGE WILDROSE

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  • ROYAL LEPAGE WILDROSE REAL ESTATE
  • 4530 - 49 AVENUE
  • OLDS, AB
  • T4H 1A4