5516 53 Avenue, Drayton Valley, AB T7A 1C5
5516 53 Avenue, Drayton Valley, AB T7A 1C5
5516 53 Avenue, Drayton Valley, AB T7A 1C5
5516 53 Avenue, Drayton Valley, AB T7A 1C5
5516 53 Avenue, Drayton Valley, AB T7A 1C5
5516 53 Avenue, Drayton Valley, AB T7A 1C5
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Listed by Wayne MacKinnon • Century 21 Hi-Point Realty Ltd
$ 359,900

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$ 359,900
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 43688954

Year Built 1978

Property Description

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: NoAppoint

Location

Province AB

REALTORS® Association of Edmonton (RAE VOW)
Nathan Lorenz

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! ​​​​​​​

+1(825) 461-5091

nathan@lorenzgroup.ca

3400-10180 101 St NW Edmonton, Alberta T5J3S4

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5516 53 Avenue

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