KAREN SPENCER-MILLER
(780) 723-3100
CENTURY 21 TWIN REALTY
780-723-3100
419 50 Street
Edson , Alberta T7E 1T3
Edson , Alberta T7E 1T3
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419 50 Street For Sale
$890,000
This versatile commercial building offers an impressive gross building area of over 10,000 square feet on the main level with over 17,000 square feet of rentable space across three floors. Ideally situated in the heart of the downtown core, this property boasts a prime location with direct access from Main Street, right across from the main post office and just off Highway 16. The entire main floor is currently utilized as a vibrant sports store, offering ample retail space that benefits from high foot traffic. tHIS SPACE CAN BE AVAILABLE FOR LEASE FOR THE RIGHT TENANT. The open layout provides flexibility for a variety of retail operations. The second floor offers a blend of functional spaces, including an office, storage area and full bathroom. Additionally, there is an expansive open floor space that is perfect for use as additional office space or could be transformed into a yoga studio, capitalizing on the growing wellness market. A standout feature of this property is the basement, home to a long-established bowling alley that has been a staple in the community for many years. This entertainment venue not only provides a steady income stream but also draws consistent traffic to the building, enhancing the visibility and attractiveness of the other rentable spaces. Strategically positioned in the main shopping area of the downtown core, this building benefits from excellent visibility and accessibility. Its proximity to major roads and key amenities such as the post office makes it a convenient and attractive destination for both businesses and customers. With its diverse range of spaces, this commercial building presents a compelling investment opportunity. The mixed-use nature allows for multiple revenue streams and potential for future development or reconfiguration to meet market demands. Whether you are looking to expand your commercial real estate portfolio or establish a presence in a thriving downtown location, this property offers significant potential and versatility. Don't miss the opportunity to invest in a cornerstone of this vibrant community.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
251
251
Zoning
CBD
CBD
Subdivision
Edson
Edson
Building Type
Commercial Mix,Retail
Commercial Mix,Retail
Year Built
1965
1965
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
1494ac
1494ac
Building Area (Sq. Ft.)
10074.00
10074.00
Building Area (Sq. M.)
935.90
935.90
Lot Size (Sq. Ft.)
8938
8938
Lot Size (Acres)
0.21
0.21
Construction Type
Concrete,Metal Siding
Concrete,Metal Siding
Roof
Asphalt
Asphalt
Foundation
Block,Poured Concrete
Block,Poured Concrete
Heating
Forced Air,Natural Gas
Forced Air,Natural Gas
Access to Property
Back Alley Access,Front and Rear Drive access,Direct Access,On Major Traffic Route
Back Alley Access,Front and Rear Drive access,Direct Access,On Major Traffic Route
Inclusions
None
None
Restrictions
None Known
None Known
Reports
Aerial Photos,Floor Plans
Aerial Photos,Floor Plans