5020 50 St - Storefront FOR SALE


Sylvan Lake, AB T4P 1P9
$670,000 CAD
403-986-7777
5020 50 St, Sylvan Lake, AB for Sale
$670,000 CAD
Storefront - FOR SALE
1/32
null | Request Cap Rate

5020 50 St
Sylvan Lake, AB T4P 1P9


HIGHLIGHTS

  • Close proximity to both residential neighborhoods and Lakeshore Drive.
  • Frontage on 50 Street & 50A Avenue.

OVERVIEW

Excellent investment opportunity! This 5,703 SF building, located in the heart of Downtown Sylvan Lake, is available for sale. The building, with frontage on both 50 Street and 50A Avenue, has three commercial retail units with long-term tenants in place. The property is in close proximity to residential neighborhoods and within walking distance of busy Lakeshore Drive. There is plenty of parking behind the building for staff of the tenants and ample street parking available directly in front.

FOR SALE DETAILS

PRICE

$670,000 CAD

PRICE/SF

$117 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

W-DC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeremy MakilaRE/MAX Commercial PropertiesMore Info
403-986-7777

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Jeremy MakilaRE/MAX Commercial PropertiesMore Info
403-986-7777

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