$899,900
FOR SALE

Business for Sale

Professional Office(S)

5120 50 Avenue
Olds, AB T4H 1A5

Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2703 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with three forced-air furnaces and central air conditioning that have been regularly maintained.Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential. Solid tenant already in place with a long lease, and positive cash flow. (id:47421)
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Listed By The Real Estate District
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2265377
Last Updated Mar 31, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Professional Office(S)
Franchise Non-Franchise
Price History

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Detailed Information
Communication Type Fiber
Features Back lane, Level
Lease Type Triple Net
Listing Contract Date 2025-10-18
Municipal ID 0020122149
Plan 868E
Property Type Business
Road Paved road
Transaction Type For sale
Zoning Description C1
Business
Business Type Other, Personal Services
Business Subtype Professional office(s), Health Centre
Building
Amperage 100 Amp Service
Constructed Date 1977
Cooling Type Central air conditioning
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Central heating, Forced air
Size (Exterior) 2703 square feet
Total Finished Area 2703 sqft
Type Offices
Utility Power 100 Amp Service
Utility Water Municipal water
Utilities
Type Description
CableConnected
ElectricityConnected
Natural GasAvailable
TelephoneConnected
SewerConnected
WaterConnected
Land
Total Size Unknown
Sewer Municipal sewage system

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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