5025 1 Avenue, Edson, Alberta T7E 1S9

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$1,650,000

Highlights

$1,650,000

Price

19612 sqft

Lot

For sale

Status

A2226703

MLS® ID

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 separate rental units. Current tenants include a gym, a professional office, and a 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. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2226703
    • Price $1,650,000
    • Square Footage: 19612 sqft
    • Property Type: Commercial Mix
    • Communication Type High Speed Internet, Fiber
    • Plan 7821927
    • Road Type Paved Road

    Buildings

    Constructed Date 1980 Construction Material Poured Concrete
    Exterior Finish Concrete, Metal Foundation Type Poured Concrete
    Heating Fuel Natural Gas Size Exterior 19611.93 Sqft
    Size Interior 19612 Sqft Total Finished Area 19611.93 Sqft
    Type Commercial Mix Utility Water Municipal Water

    Land

    Acreage Yes Sewer Municipal Sewage System
    Size Irregular 58370.00 Size Total 58370 Sqft|1 - 1.99 Acres
    Size Total Text 58370 Sqft|1 - 1.99 Acres Zoning Description Cbd - Central Business District

    Utilities

    Electricity Connected Natural Gas Connected
    Telephone Available Sewer Connected
    Water Connected

    Agents and Offices

    • KAREN SPENCER-MILLER
    • Office: Century 21 Twin Realty

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