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 |
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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 |
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Subdivision | Edson |
City | Edson |
County | Yellowhead County |
Province | Alberta |
Postal Code | T7E 1S9 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Floor Furnace, Forced Air, Natural Gas |
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Cooling | Central Air |
Fireplace | No |
Has Basement | No |
Exterior
Roof | Other |
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Construction | Brick, Concrete, Wood Siding |
Foundation | Perimeter Wall, Poured Concrete, Wood |
Additional Information
Date Listed | May 24th, 2024 |
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Days on Market | 172 |
Zoning | C-1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | CENTURY 21 TWIN REALTY |
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