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$281,500
Est. payment /mo
3,250 Sqft Lot
Price Dropped by $5K
319 50 ST Edson, AB T7E 1S9
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UPDATED:
12/09/2024 08:40 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Edson
MLS® Listing ID A2135165
Originating Board Alberta West Realtors Association
Year Built 1912
Annual Tax Amount $4,479
Tax Year 2024
Lot Size 3,250 Sqft
Acres 0.07
Property Description
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!
Location
Province AB
County Yellowhead County
Zoning CBD - Central Business Di
Interior
Heating Floor Furnace, Forced Air, Natural Gas
Cooling Central Air
Inclusions none
Exterior
Roof Type Other
Building
Foundation Perimeter Wall, Poured Concrete, Wood
Structure Type Brick,Concrete,Wood Siding
Others
Restrictions None Known
Tax ID 83600857
Ownership Private
Listed by CENTURY 21 TWIN REALTY