$286,500
FOR SALE

Commercial/Retail

319 50 Street
Edson, AB T7E 1S9

Welcome to 319 50th Street in the heart of Edson! This historic two-story retail building, constructed in 1912, offers a unique investment opportunity with exposure to Highway 16 westbound. One of the original retail buildings on Main Street, this 3250 square-foot property has been upgraded through the years and most recently in 2014. The main floor is currently leased to a local print shop, offering 1839 square feet of finished space with two 2-piece bathrooms featuring ceramic tile flooring. The space boasts vinyl plank flooring, newly painted drywall, and original wood wainscotting, creating a charming and inviting atmosphere for customers. The second floor is leased to a yoga studio, providing another 1875 square feet of finished space. The studio room features 11 1/2-foot ceiling height with original tin embossed tile, original plaster crown moldings, and a combination of original wood and vinyl plank flooring. The space also includes two 3-piece bathrooms, one with a shower, partial kitchen with office or retail space making it a versatile area for various businesses or tenants. This property is equipped with updated electrical, plumbing, two forced-air furnaces, an AC unit, and two Bradford 40-gallon natural gas hot water tanks, ensuring a comfortable and efficient environment for your tenants. Don't miss this opportunity to own a piece of Edson's history and generate steady rental income. The current rental income is $2625.00 per month gross on month-to-month leases. This property would make a great addition to your investment portfolio! (id:47421)
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Listed By CENTURY 21 TWIN REALTY
Data Provided By Alberta West REALTORS® Association
MLS® Listing Number A2135165
Last Updated May 29, 2024
Property Summary
Property Type Commercial/Retail

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Community Edson
Price History

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Detailed Information
Listing Contract Date 2024-05-24
Municipal ID 0020455623
Ownership Type Freehold
Plan 1494AC
Property Type Retail
Road Paved road
Transaction Type For sale
Total Buildings 1
Zoning Description C-1
Building
Constructed Date 1912
Construction Material Poured concrete
Cooling Type Central air conditioning
Exterior Finish Brick, Concrete, Wood siding
Foundation Type Poured Concrete, Wood
Heating Fuel Natural gas
Heating Type Other, Forced air
Size (Exterior) 3250 square feet
Total Finished Area 3250 sqft
Type Retail
Land
Total Size 3250 square feet
Size of Irregular Land 3250.00

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