Edson, AB T7E 1S9,319 50 ST
Edson, AB T7E 1S9,319 50 ST
Edson, AB T7E 1S9,319 50 ST
Edson, AB T7E 1S9,319 50 ST
Edson, AB T7E 1S9,319 50 ST
Edson, AB T7E 1S9,319 50 ST
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$ 286,500
Est. payment | /mo

3,250 Sqft Lot


Save
$ 286,500
Est. payment | /mo
Save

3,250 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Edson

MLS® Listing ID A2135165

Originating Board Alberta West Realtors Association

Year Built 1912

Annual Tax Amount $4,479

Tax Year 2024

Lot Size 3,250 Sqft

Acres 0.07

Property Description

Welcome to 319 50th Street in the heart of Edson! This historic two-story retail building, constructed in 1912, offers a unique investment opportunity with exposure to Highway 16 westbound. One of the original retail buildings on Main Street, this 3250 square-foot property has been upgraded through the years and most recently in 2014. The main floor is currently leased to a local print shop, offering 1839 square feet of finished space with two 2-piece bathrooms featuring ceramic tile flooring. The space boasts vinyl plank flooring, newly painted drywall, and original wood wainscotting, creating a charming and inviting atmosphere for customers. The second floor is leased to a yoga studio, providing another 1875 square feet of finished space. The studio room features 11 1/2-foot ceiling height with original tin embossed tile, original plaster crown moldings, and a combination of original wood and vinyl plank flooring. The space also includes two 3-piece bathrooms, one with a shower, partial kitchen with office or retail space making it a versatile area for various businesses or tenants. This property is equipped with updated electrical, plumbing, two forced-air furnaces, an AC unit, and two Bradford 40-gallon natural gas hot water tanks, ensuring a comfortable and efficient environment for your tenants. Don't miss this opportunity to own a piece of Edson's history and generate steady rental income. The current rental income is $2625.00 per month gross on month-to-month leases. This property would make a great addition to your investment portfolio!

Location

Province AB

County Yellowhead County

Zoning C-1

Interior

Heating Floor Furnace, Forced Air, Natural Gas

Cooling Central Air

Inclusions none

Exterior

Roof Type Other

Building

Foundation Perimeter Wall, Poured Concrete, Wood

Structure Type Brick,Concrete,Wood Siding

Others

Restrictions None Known

Tax ID 83600857

Ownership Private

Listed by CENTURY 21 TWIN REALTY

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter