5011 50 St - Storefront Retail/Residential FOR SALE


Innisfail, AB T4G 1M1
$668,800 CAD
587-719-7999
5011 50 St, Innisfail, AB for Sale
$668,800 CAD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

5011 50 St
Innisfail, AB T4G 1M1


HIGHLIGHTS

  • Fully equipped, free-standing restaurant space in the heart of Innisfail, featuring 2,200 sq ft on the main floor and 1,180 sq ft on the second floor.
  • Second floor includes six rooms, with five bright bedrooms and 1.5 bathrooms—ideal for staff housing or rental income.
  • Recent upgrades and features include a new roof, commercial kitchen, and independent furnaces for each floor.

OVERVIEW

Discover a versatile, free-standing restaurant property(2,200sf+- main floor & 1,180sf+- second floor) in Innisfail, Alberta. Seize the opportunity to own a prime restaurant space in the heart of Innisfail! This meticulously maintained building comes with a fully equipped commercial kitchen, offering the ideal foundation to relaunch your restaurant or convert it into any dining concept you envision. Durability: A new roof installed 8 years ago ensures long-term reliability. Ready-to-Use Kitchen: The commercial kitchen is fully equipped and poised to bring your business ideas to life. Spacious Layout: The second floor features 6 rooms, including 5 bright bedrooms with windows and 1.5 bathrooms, perfect for use as living quarters or to generate rental income. Efficient Heating: Independent furnaces on each floor provide separate temperature control. This property is a prime investment opportunity for entrepreneurs looking to launch a new venture or expand their portfolio.

FOR SALE DETAILS

PRICE

$668,800 CAD

PRICE/SF

$198 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CB

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Phil YanGrand Realty & Management Ltd.More Info
587-719-7999

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Phil YanGrand Realty & Management Ltd.More Info
587-719-7999

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