$ 849,900
5121 50 AV Cold Lake, AB T9M 1P4
Save 
Share Schedule a Tour
REQUEST A TOUR
In-PersonVirtual Tour
REQUEST A TOUR
In-PersonVirtual Tour
$ 849,900
Est. payment | /mo
4,655 SqFt
$ 849,900
Est. payment | /mo
4,655 SqFt
Key Details
Property Type Commercial
Sub Type Office,Retail
Listing Status Active
Purchase Type for sale
Square Footage 4,655 sqft
Price per Sqft $182
MLS® Listing ID E4376481
Year Built 1980
Property Description
This building is right on main street and has Panago Pizza as a long term tenant. The other side of the building is available and marketed for lease, with multiple office possibilities or potential retail sales, with plenty of street traffic. The available space for lease is over 4600 sqft., marketed at $14.00/sqft. and $3.00/sqft. common, and includes numerous office spaces, washrooms, staff rooms, conference/meeting rooms, plenty of storage, and can be built to suite for tenants, depending on the term of the lease. With the vacant offices rented, not including the Panago revenue, this property would generate an additional $78,000/year. This property has high revenue potential with the right tenants and already has a stable long term tenant to add appreciation to the property. This could be a very lucrative long term investment for the right buyer.
Location
Province AB
Community Cold Lake South
Area Cold Lake
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Kelly Baker • RE/MAX Platinum Realty
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide!
I would love to connect!