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Renanza Realty
For sale

4929 51 Avenue

High Prairie, Alberta

MLS® A2292752

$249,900

Status
Active
Property type
Business
MLS® number
A2292752
Bedrooms
Bathrooms
Year built
1978

Listing description

A versatile multi-tenant commercial building located in the heart of High Prairie's Downtown Commercial (C1) core. This well-positioned property is currently configured into three distinct commercial units, offering a stable income stream coupled with significant upside potential. The center unit is occupied by an established hair speccialist, providing an immediate, income-generating anchor.

The east end, currently is home to a photo studio, and will be available for a new tenant, while the west end unit sits completely vacant and ready for immediate occupancy. This mix allows an investor to benefit from existing cash flow while actively leasing the remaining spaces, or an owner-occupier to establish their business while collecting rent from neighboring tenants. Clients and customers will appreciate the ease of access provided by direct street parking available right out front, which encourages the convenient pedestrian flow.

Zoned Downtown Commercial (C1), the property aligns with the Town of High Prairie's vision for a dense, mixed-use environment, supporting a wide variety of commercial, office, and service-oriented uses. Whether you are looking to expand your business into a high-visibility retail frontage or add a value-add asset to your investment portfolio, this property offers a rare opportunity to secure a foothold in the High Prairie's main economic hub. Call today to book your appointment to view.

Property summary

MLS® number
A2292752
Property type
Business
Building type
Commercial Mix
Square footage
4,270 sq ft
Built in
1978
Annual property taxes
$3,662.59
Days on market
161 days

What would this home cost you?

Based on the $249,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,163 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Grassroots Realty Group - High Prairie, High Prairie.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.