5002 50 st - Flex FOR SALE


Stettler, AB T4K 1K9
$650,000 CAD
403-742-6747
5002 50 st, Stettler, AB for Sale
$650,000 CAD
Flex - FOR SALE
1/35
null | Request Cap Rate

5002 50 st
Stettler, AB T4K 1K9


HIGHLIGHTS

  • 8 Fully Rented spaces
  • Recent Facelift
  • High exposure location and consistent foot traffic

OVERVIEW

Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler’s Main Street—this 6,340 sq. ft. commercial building offers an outstanding investment opportunity. The property is fully rented and demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50,782, this property boasts a strong 7.8% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community. The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler’s Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal. This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta’s key service centers.

FOR SALE DETAILS

PRICE

$650,000 CAD

PRICE/SF

$103 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Terry CheslaRE/MAX 1st Choice RealtyMore Info
403-742-6747

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Terry CheslaRE/MAX 1st Choice RealtyMore Info
403-742-6747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.