5225 50th St - Retail FOR SALE


Tofield, AB T0B 4J0
$599,000 CAD
587-402-3635
5225 50th St, Tofield, AB for Sale
$599,000 CAD
Retail - FOR SALE
1/1
null | 10.68% Cap Rate

5225 50th St
Tofield, AB T0B 4J0


OVERVIEW

Fully Leased Mixed-Use Property - This well-maintained mixed-use building offers approximately 6,400 sq ft with 5 commercial units on the main floor and 5 residential suites on the upper level—all fully leased. Each unit features separate utility metering for added efficiency. Recent building improvements include: roof (2013), boiler (2017), hot water tank (2020), Wilo pump (Dec 2022), pressure relief valve and pressure tank (Dec 2023), zone valve (Jan 2024), and laundry dryer (Feb 2025). Located just 40 minutes from southeast Edmonton, this property presents strong income stability and long-term potential. Adjacent lot with Linc number : 0012 359 360 is included in the asking price. Please respect tenants privacy. 24 hour notice is required for showing. Measurements are taken from appraisal report, Buyer or Buyer's agent to verify. Additional information can be provided after signed confidentiality agreement.Cap rate is approximate; verify with financial statements.

FOR SALE DETAILS

PRICE

$599,000 CAD

PRICE/SF

$94 CAD /SF

CAP RATE

10.68%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

(C-DC)Downtown Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Simranjot SinghNationwide Realty CorpMore Info
587-402-3635

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

Simranjot SinghNationwide Realty CorpMore Info
587-402-3635

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