NONE
LIST PRICE
$995,000
5023 3rd Avenue , Edson · T7E 1X7
BUILT 1974
MLS A2283616 · 154 DAYS ON MARKET
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RE/MAX Complete Realty · Calgary
What this home — and yours — is really worth right now.
ABOUT THIS HOME
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
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