$890,000 FOR SALE

Commercial/Retail

419 50 Street
Edson, AB T7E 1T3

This versatile commercial building offers an impressive gross building area of over 10,000 square feet on the main level with over 17,000 square feet of rentable space across three floors. Ideally situated in the heart of the downtown core, this property boasts a prime location with direct access from Main Street, right across from the main post office and just off Highway 16. The entire main floor is currently utilized as a vibrant sports store, offering ample retail space that benefits from high foot traffic. tHIS SPACE CAN BE AVAILABLE FOR LEASE FOR THE RIGHT TENANT. The open layout provides flexibility for a variety of retail operations. The second floor offers a blend of functional spaces, including an office, storage area and full bathroom. Additionally, there is an expansive open floor space that is perfect for use as additional office space or could be transformed into a yoga studio, capitalizing on the growing wellness market. A standout feature of this property is the basement, home to a long-established bowling alley that has been a staple in the community for many years. This entertainment venue not only provides a steady income stream but also draws consistent traffic to the building, enhancing the visibility and attractiveness of the other rentable spaces. Strategically positioned in the main shopping area of the downtown core, this building benefits from excellent visibility and accessibility. Its proximity to major roads and key amenities such as the post office makes it a convenient and attractive destination for both businesses and customers. With its diverse range of spaces, this commercial building presents a compelling investment opportunity. The mixed-use nature allows for multiple revenue streams and potential for future development or reconfiguration to meet market demands. Whether you are looking to expand your commercial real estate portfolio or establish a presence in a thriving downtown location, this property offers significant poten tial and versatility. Don't miss the opportunity to invest in a cornerstone of this vibrant community. (id:47423)

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Listed By CENTURY 21 TWIN REALTY
Data Provided By Alberta West REALTORS® Association
MLS® Listing Number A2135865
Last Updated Jun 14, 2024
Property Summary
Property Type Commercial/Retail

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Community Edson
Price History
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Detailed Information
Lease Type Other, See Remarks
Listing Contract Date 2024-05-28
Municipal ID 0020461869
Ownership Type Freehold
Plan 1494ac
Property Type Other
Transaction Type For sale
Zoning Description C-1
Building
Constructed Date 1965
Construction Material Poured concrete
Exterior Finish Concrete, Metal
Foundation Type Block, Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 10074 square feet
Total Finished Area 10074 sqft
Type Commercial Mix
Land
Total Size 8938 square feet
Size of Irregular Land 8938.00

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