$359,900
FOR SALE

Industrial

5516 53 Avenue
Drayton Valley, AB T7A 1C5

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.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:47421)
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Listed By Century 21 Hi-Point Realty Ltd
Data Provided By REALTORS® Association of Edmonton – Commercial
MLS® Listing Number 43688954
Last Updated Mar 04, 2026
Property Summary
Property Type Industrial

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Price History

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Detailed Information
Listing Contract Date 2025-07-31
Property Type Industrial
Transaction Type For sale
Building
Constructed Date 1978
Land
Total Size 0 square feet

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