51.78969 -114.106445

5218 50 Avenue Olds, AB T4H 1N4

291729144 51.78969 -114.106445 806 /listing/291729144-150112678/5218-50-avenue-olds-ab-t4h-1n4 False 0 785000.0 2400 101 A1082249 False
  • $785,000
  • 2,400 sqft

Property & Neighborhood Info

Courtesy Of ROYAL LEPAGE WILDROSE

Commercial in Olds

Rare Opportunity to Purchase a building with a great revenue stream already in place with opportunity to increase you revenue. The property located in the Uptowne area of Olds has numerous revenue sources. The main floor includes FIVE separate office spaces PLUS a 1100+ sq ft apartment. Current owner occupies the main floor apartment Plus two of the office spaces. Three of the office spaces are rented with long term tenants. Downstairs is an additional revenue stream with Four suites all are currently rented with some rented to long term tenants. Outside the building is a THREE bay heated detached garage with each bay separated. The building has been very well maintained with new roof in the last six years, vinyl windows, boiler system is serviced every year. Beautiful hardwood flooring thru out the building. A new owner could live in the main level apartment and work from one of the five office spaces. The lower level apartments include 3-One bedroom units and One Studio Unit . All are currently leased. Outside you will find a three bay 30'x36' detached garage with one of the bay fitted as fitness studio complete with mirrors , rubber mat flooring and 3 piece bath with walk in shower. The garage is heated with in floor heat. Tenants enjoy paved parking spaces with plug in's. Fenced courtyard for tenants. Take a virtual tour of this amazing building to view.

Courtesy Of ROYAL LEPAGE WILDROSE
  1. 2,400 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1952
  • County: Mountain View
  • MLS® Number:A1082249

Additional Features

  • Cooling:
    • None
  • Inclusions:
    • Six Fridges, Five Stoves, One Built in Dishwasher, Garden Shed, Auto Garage Door Opener for Bay 2 , Garage Door Opener Bay 3 Washer and Dryer (downstairs)
  • Condo:
    • Not a Condo
  • Construction Materials:
    • Stucco
    • Wood Frame
  • Garageyn:
    • N
  • Property Subtype:
    • Mixed Use
  • Property Type:
    • Commercial
  • Roof:
    • Flat
    • See Remarks
  • Frontage:
    • 23.77M 78`0"
  • Lot Features:
    • Back Lane
    • Corner Lot
    • Landscaped
    • Level
    • Paved
  • Heating:
    • Boiler
    • Natural Gas
  • Access:
    • Back Alley Access
    • On Major Traffic Route
    • Paved Road
  • Zoning:
    • Apartment Building
    • comm
  • Title:
    • Fee Simple
  • Bathrooms Total Integer:
    • 0
  • Building Area Total:
    • 2400.00
  • County Or Parish:
    • Mountain View County
  • Foundation Details:
    • Poured Concrete
  • Listing Contract Date:
    • 2021-03-26
  • Listing Key:
    • 62194597
  • Parking Total:
    • 8
  • Structure Type:
    • Mixed Use
  • Subdivision Name:
    • NONE
  • Virtual Tour URLUnbranded:
    • https://my.matterport.com/show/?m=JJUdYKyNUmx
Neighborhood info courtesy of Homes.com © 2021
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Leslie Chan
Leslie Chan
Associate
#222, 4625 Varsity Dr NW Calgary AB T3A 0Z9
51.78969 -114.106445

5218 50 Avenue Olds, AB T4H 1N4

291729144 51.78969 -114.106445 806 /listing/291729144-150112678/5218-50-avenue-olds-ab-t4h-1n4 False 0 785000.0 2400 101 A1082249 False
  • $785,000
  • 2,400 sqft