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Innisfail
5036 50 Street
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5036 50 Street $750,000
$750,000
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5036 50 Street
Innisfail, Alberta T4G1S7

MLS® Number: A2253333

Listing Description

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! (31153832)

Property Summary

Property Type
Business
Community Name
Downtown Innisfail
Subdivision Name
Downtown Innisfail
Title
Freehold
Land Size
4600 sqft|4,051 - 7,250 sqft
Built in
1946
Annual Property Taxes
$3,652
Time on REALTOR.ca
83 days

Building

Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Heating Type
Other, (Natural gas)

Measurements

Square Footage
4213 sqft
Total Finished Area
4213 sqft
Exterior Building Size
4213 sqft

Land

Other Property Information
Zoning Description
CB
Data provided by: Pillar 9™
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403-357-6986
866-346-7444
Email
Royal LePage Network Realty Corp.
4923 - 50 Street
Innisfail, Alberta T4G1S9
403-227-3325
403-227-3328
Office Website
Kari Flaws