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$ 281,500
Est. payment | /mo
3,250 SqFt
$ 281,500
Est. payment | /mo
3,250 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $86
Subdivision Edson
MLS® Listing ID A2135165
Originating Board Alberta West REALTORS® Association
Year Built 1912
Lot Size 3,250 Sqft
Acres 3250.0
Property Sub-Type Freehold
Property Description
Welcome to 319 50th Street in the heart of Edson! This historic two-story retail building, constructed in 1912, offers a unique investment opportunity with exposure to Highway 16 westbound. One of the original retail buildings on Main Street, this 3250 square-foot property has been upgraded through the years and most recently in 2014. The main floor is currently leased to a local print shop, offering 1839 square feet of finished space with two 2-piece bathrooms featuring ceramic tile flooring. The space boasts vinyl plank flooring, newly painted drywall, and original wood wainscotting, creating a charming and inviting atmosphere for customers. The second floor is leased to a yoga studio, providing another 1875 square feet of finished space. The studio room features 11 1/2-foot ceiling height with original tin embossed tile, original plaster crown moldings, and a combination of original wood and vinyl plank flooring. The space also includes two 3-piece bathrooms, one with a shower, partial kitchen with office or retail space making it a versatile area for various businesses or tenants. This property is equipped with updated electrical, plumbing, two forced-air furnaces, an AC unit, and two Bradford 40-gallon natural gas hot water tanks, ensuring a comfortable and efficient environment for your tenants. Don't miss this opportunity to own a piece of Edson's history and generate steady rental income. The current rental income is $2625.00 per month gross on month-to-month leases. This property would make a great addition to your investment portfolio! (id:24570)
Location
State AB
Interior
Heating Other, Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by CENTURY 21 TWIN REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "