5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
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Susan Cramer

Susan Cramer

+1(403) 863-4866
$ 725,000
Est. payment | /mo

4,213 SqFt

Save
$ 725,000
Est. payment | /mo
Save

4,213 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,213 sqft

Price per Sqft $172

Subdivision Downtown Innisfail

MLS Listing ID A2253333

Year Built 1946

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Business

Property Description

This is an excellent opportunity to own a well-maintained,income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level,this property combines location,functionality,and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back,along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals,while the basement features a dance studio,providing steady rental income. Additional space in the building remains available to lease,both on the main floor and lower level,presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade,including updated plumbing to PEX,three furnaces (providing both air and heat),and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services,and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location,strong income potential,and extensive recent upgrades,this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!

Location

Province AB

Zoning CB

Interior

Heating Floor Furnace, Natural Gas

Inclusions Back kitchen: dishwasher, counters and shelves. Larger kitchen: counters and sinks.

Fireplace No

Exterior

Roof Type Flat Torch Membrane

Garage No

Building

Dwelling Type Mixed Use

Foundation Poured Concrete

Others

Restrictions None Known

Listed by Royal LePage Network Realty Corp.
Susan Cramer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 863-4866

susan-cramer@coldwellbanker.ca

7100 - 35468 Range Road 30, Red Deer County, AB, T4G 0M3, CAN

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5036 50 ST