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Descriptions:
Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16' overhead doors, and an upper mezzanine that's approximately the size of half the unit's square footage. The rear unit includes two large shop bays, each with a 16' overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.
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Location & Listing Info: |
Neighbourhood: |
Drayton Valley
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Property Info: |
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Property Type: |
Industrial |
Year Built: |
1978 |
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Additional Info: |
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Legal Description: |
5516
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Contact Taleb (Tom) Choucair -
13120 St. Albert Trail, Edmonton, Alberta, T5L 4P6
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Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated September 16, 2025, 11:26 pm. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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