$468,000 FOR SALE

Commercial/Retail

4929 50 Street
Camrose, AB T4V 1P9

Exceptionally maintained and renovated commercial building in the heart of downtown Camrose. A rare find to have such extensive renovations with the bonus of being concrete block wall construction on a solid foundation, the definition of "good bones". In 2012 the building saw upgraded mechanical, electrical, plumbing, walls, flooring, & ceilings. There have been additional improvements to the building over the years right up to 2024 including new lighting, exit lights, smoke detection, walls, roof maintenance, exterior painting and interior leasehold improvements. There are 4 high efficiency furnaces and air conditioning, 2 for each floor. The spaces are beautifully designed both elegant and practical. The Main floor is fully leased and includes open store space, rear storage & office, partial basement with additional storage, mechanical spaces, and washroom. The second floor is fully leased with open store/dining space currently set up with children's play area, games room/office, public washroom and partial kitchen. In addition to the store space at the front, there is a separated kitchen, full bath w/washer, large multi-purpose room and an additional bright space w/ windows in the back of the building currently being used as a bedroom. This is a great opportunity to acquire a fully leased building, with positive return, in the growing City of Camrose, and local hot spot for shopping on "Main Street." (id:47423)

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Listed By Coldwell Banker Battle River Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2130508
Last Updated Sep 07, 2024
Property Summary
Property Type Commercial/Retail

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Community Downtown Camrose
Price History
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Detailed Information
Features Visual exposure
Lease Type Other, See Remarks
Listing Contract Date 2024-05-09
Municipal ID 0015250632
# of Parking Spaces 3
Plan RN28
Property Type Other
Transaction Type For sale
Zoning Description C1
Building
Constructed Date 1975
Construction Material Poured concrete
Cooling Type Central air conditioning
Exterior Finish Concrete
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 4402 square feet
Total Finished Area 4402 sqft
Type Commercial Mix
Land
Total Size 278.7 square meters
Size of Irregular Land 278.70

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