01 / Property Detail
DOWNTOWN
5020 50 Street , Sylvan Lake, AB
$670,000
Commercial ยท MLSยฎ A22906105,703Sq Ft
1959Year Built
02 / Overview
PROPERTY OVERVIEW
Excellent investment opportunity! This 5,703 SF building, located in the heart of Downtown Sylvan Lake, is available for sale. The building, with frontage on both 50 Street and 50A Avenue, has three commercial retail units with long-term tenants in place. The property is in close proximity to residential neighborhoods and within walking distance of busy Lakeshore Drive. There is plenty of parking behind the building for staff of the tenants and ample street parking available directly in front.
03 / Details
PROPERTY DETAILS
Property TypeCommercial
Building TypeMixed Use
Total Finished Area5,703 sq ft
Lot Size6,098 sq ft
ZoningW-DC
Year Built1959
04 / Commercial
COMMERCIAL METRICS
Commercial properties require specialized analysis. Contact us for cap rate and NOI calculations based on actual lease data.
Price per Sq Ft$1175,703 sq ft building
Building Size5,703 sq ftTotal building area
Property TypeMixed UseCommercial classification
ZoningW-DCUse classification
Commercial investment inquiry?Contact us for detailed financial analysis
05 / Location
DOWNTOWN
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Listed by Jeremy Makila ยท RE/MAX Commercial Properties