AB > Edson > Edson
Edson, AB T7E 1T3,419 50 ST
Edson, AB T7E 1T3,419 50 ST
Edson, AB T7E 1T3,419 50 ST
Edson, AB T7E 1T3,419 50 ST
Edson, AB T7E 1T3,419 50 ST
Edson, AB T7E 1T3,419 50 ST
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 890,000
Est. payment | /mo

8,938 Sqft Lot

Save
$ 890,000
Est. payment | /mo
Save

8,938 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Edson

MLS® Listing ID A2135865

Originating Board Alberta West Realtors Association

Year Built 1965

Annual Tax Amount $11,873

Tax Year 2024

Lot Size 8,938 Sqft

Acres 0.21

Property Description

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.

Location

Province AB

County Yellowhead County

Zoning C-1

Interior

Heating Forced Air, Natural Gas

Inclusions None

Exterior

Roof Type Asphalt

Building

Foundation Block, Poured Concrete

Structure Type Concrete,Metal Siding

Others

Restrictions None Known

Tax ID 56520457

Ownership Private

Listed by CENTURY 21 TWIN REALTY

NEWLY LISTED IN THE CALGARY AREA

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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