5002 50 Street
Stettler, Alberta
MLS® A2244776
$549,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2244776
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1967
1 / 50Listing description
Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler’s Main Street—this 6,340 sq. ft. commercial building offers an outstanding investment opportunity.
The property is demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50,782, this property boasts a strong 8. 5% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community.
The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler’s Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal.
This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta’s key service centers.
Property summary
- MLS® number
- A2244776
- Property type
- Business
- Square footage
- 6,340 sq ft
- Built in
- 1967
- Annual property taxes
- $5,208.00
- Days on market
- 390 days
What would this home cost you?
Based on the $549,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX 1st Choice Realty, Stettler.
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.