Downtown Innisfail
FOR SALE
$699,900
PURCHASE PRICE
5036 50 Street , Innisfail · T4G 1S7
BUSINESS · BUILT 1946
MLS A2322914 · 20 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 is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Business
- YEAR BUILT
- 1946
- ROOF
- Flat Torch Membrane
- FOUNDATION
- Poured Concrete
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 4,600
- LOT SIZE (ACRES)
- 0.11
COMMUNITY
- COMMUNITY
- Downtown Innisfail
- ZONING
- CB
- POSTAL CODE
- T4G 1S7
UTILITIES & COSTS
- HEATING
- Floor Furnace · Natural Gas
- ANNUAL TAXES
- $3,960