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319 50 Street
Edson Alberta T7E1S9 Canada

$286,500

Active Listing ID A2135165
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3,250 square feet
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Retail

$286,500

Active Listing ID A2135165
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319 50 Street Welcome to 319 50th Street in the heart of Edson! This historic two-story retail building, constructed in 1912, offers a unique investment opportunity with exposure to Highway 16 westbound. One of the original retail buildings on Main Street, this 3250 square-foot property has been upgraded through the years and most recently in 2014. The main floor is currently leased to a local print shop, offering 1839 square feet of finished space with two 2-piece bathrooms featuring ceramic tile flooring. The space boasts vinyl plank flooring, newly painted drywall, and original wood wainscotting, creating a charming and inviting atmosphere for customers. The second floor is leased to a yoga studio, providing another 1875 square feet of finished space. The studio room features 11 1/2-foot ceiling height with original tin embossed tile, original plaster crown moldings, and a combination of original wood and vinyl plank flooring. The space also includes two 3-piece bathrooms, one with a shower, partial kitchen with office or retail space making it a versatile area for various businesses or tenants. This property is equipped with updated electrical, plumbing, two forced-air furnaces, an AC unit, and two Bradford 40-gallon natural gas hot water tanks, ensuring a comfortable and efficient environment for your tenants. Don't miss this opportunity to own a piece of Edson's history and generate steady rental income. The current rental income is $2625.00 per month gross on month-to-month leases. This property would make a great addition to your investment portfolio! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Concrete, Brick, Wood siding
  • Heating Systems: Forced air, Natural gas, Other
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/29/2024 2:35:46 PM GMT
Source Updated Date: 11/27/2024 12:08:05 AM GMT

Courtesy of: SHARON HAWBOLDT, Associate Broker, CENTURY 21 TWIN REALTY