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)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
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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