5036 50 Street, Innisfail, Alberta

$699,900

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4,312

Square feet

0.11

Acres

About 5036 50 Street

This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community! (id:36535)

Features of 5036 50 Street

Listing # A2322914
Price $699,900
Bathrooms 0.00
Square Footage 4,312
Acres 0.11
Year Built 1946
Type Business
Sub-Type Freehold

Community Information

Address 5036 50 Street
Subdivision Downtown Innisfail
City Innisfail
Province Alberta
Postal Code T4G1S7

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural gas Other
Fireplace No
Has Basement No

Exterior

Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Royal LePage Network Realty Corp.

Listing Map