5025 1 Avenue
Edson, Alberta
MLS® A2337184
$1,590,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2337184
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1980
Listing description
This multi-unit commercial building offers a unique investment opportunity in the heart of Edson’s Central Business District. Sitting on 1. 34 acres (58,202 sq ft), the property features a 19,800 sq ft steel frame and metal clad building, divided into 5 rental units.
Current tenants include a gym, small spa, a professional office and furniture store, with availability for two additional tenants, providing excellent growth potential and flexibility for future uses. Built in 1980, the building boasts pile and grade beam construction with concrete floors and a steel frame, ensuring durability and low maintenance. Additional features include concrete walkways spanning the building front, asphalt paving covering the remaining lot with ample customer parking, and a paved staff parking area at the rear.
Ideally located just half a block west of Edson’s Main Street on 1st Avenue, this property offers excellent visibility and accessibility. This is a fantastic opportunity to secure well-located, income-producing property with strong existing tenants and room for expansion.
Property summary
- MLS® number
- A2337184
- Property type
- Business
- Building type
- Commercial Mix
- Leasable Area
- 19,654 sq ft
- Land size
- 58370 square feet
- Built in
- 1980
- Annual property taxes
- $28,814.39
- Days on market
- 52 days
Features & details
- Heating
- Natural gas
- Exterior features
- Concrete, Metal
What would this home cost you?
Based on the $1,590,000 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 CENTURY 21 TWIN REALTY, Edson.
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.