About 5016 50 Avenue
Discover the ideal commercial space at 5016 50 Ave, Sylvan Lake – located in the vibrant downtown area. This mixed-use property, spanning 4,197 sq ft, is available for sale, offering unparalleled visibility and foot traffic, especially during the summer months. Step into a welcoming reception area leading to a spacious sitting room, private office, versatile shop area, and convenient lunchroom. With three bathrooms and four bay doors, this space is perfectly equipped to accommodate a variety of business ventures. The current tenant is on a month-to-month Triple Net Lease paying $12.00 per sq ft, providing an 8.68% CAP Rate.
Features of 5016 50 Avenue
| MLS® # | A2125915 |
|---|---|
| Price | $12 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1980 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 5016 50 Avenue |
|---|---|
| Subdivision | Downtown |
| City | Sylvan Lake |
| County | Red Deer County |
| Province | Alberta |
| Postal Code | T4S1P4 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | April 29th, 2024 |
|---|---|
| Days on Market | 204 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|