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$ 995,000
Est. payment /mo
Active
5023 3rd AVE Edson, AB T7E 1X7
1.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2283616
Year Built 1974
Annual Tax Amount $11,344
Tax Year 2025
Lot Size 1.362 Acres
Acres 1.36
Property Sub-Type Mixed Use
Source Alberta West Realtors Association
Property Description
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.
Location
State AB
County Yellowhead County
Zoning C-2 Service Commercial
Interior
Inclusions none
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Fiber Optics Available, High Speed Internet Available, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Concrete
Others
Restrictions None Known
Tax ID 103039981
Ownership Private
Virtual Tour https://unbranded.youriguide.com/5023_3_avenue_edson_ab/
Listed by CENTURY 21 TWIN REALTY