JN REAL ESTATE GROUP

NONE

FOR SALE

$995,000

PURCHASE PRICE

5023 3rd Avenue , Edson · T7E 1X7

MIXED USE · BUILT 1974

MLS A2283616 · 195 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Mixed Use
YEAR BUILT
1974
CONSTRUCTION
Concrete

LOT & EXTERIOR

LOT SIZE (SQFT)
59,320
LOT SIZE (ACRES)
1.36

COMMUNITY

COMMUNITY
NONE
ZONING
C-2 Service Commercial
POSTAL CODE
T7E 1X7

UTILITIES & COSTS

UTILITIES
Electricity Connected · Natural Gas Connected · Fiber Optics Available · High Speed Internet Available · Sewer Connected · Water Connected
ANNUAL TAXES
$11,345

LISTING COURTESY OF SHARON HAWBOLDT · CENTURY 21 TWIN REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.