319 50 Street, Edson, Alberta

$286,500

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0.07

Acres

About 319 50 Street

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!

Features of 319 50 Street

MLS® # A2135165
Price $286,500
Bathrooms 0.00
Acres 0.07
Year Built 1912
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 319 50 Street
Subdivision Edson
City Edson
County Yellowhead County
Province Alberta
Postal Code T7E 1S9

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Floor Furnace, Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Roof Other
Construction Brick, Concrete, Wood Siding
Foundation Perimeter Wall, Poured Concrete, Wood

Additional Information

Date Listed May 24th, 2024
Days on Market 172
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCENTURY 21 TWIN REALTY

Listing Map