4702 50 Avenue, Sylvan Lake, Alberta

$499,999

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0.13

Acres

About 4702 50 Avenue

BUSINESS OWNERS OR INVESTORS! ARE YOU LOOKING FOR HIGHLY VISIBLE BUILDING TO RUN A BUSINESS FROM? Look no more! - 2 SEPARATE RENTABLE AREAS (Wall was taken down by the last tenant, but could be placed back) - 2 Offices, 2 Storages, 2 Washrooms, 2 Boiler rooms. Great exposure and location on a busy street right across from DQ in Sylvan Lake - only 2 blocks from the lake! Fully finished 2297 sq ft inside measurements on the main level with garage door on the east side of the building. This structure was built on two lots and has two parking spaces as well as some street parking available. On the west side of the building you have 3 spots. On the east side 2. Building is clean and shows well. Exterior finished with stucco and the roof is metal. Town of Sylvan Lake just finished the paving of the sidewalks and the road construction is now completed. Use one side for yourself and rent out the other to help subsidize your investment OR make it a fully rental property! This is just what the previous owner did. The last tenant took the wall down and was featuring hot tubs and used the building to showcase the units. Excellent investment with many options.There is no lease in place owner chose to sell the building vacant so the new owner can choose the tenant.

Features of 4702 50 Avenue

MLS® # A2098614
Price $499,999
Sold Price $450,000
Bathrooms 0.00
Acres 0.13
Year Built 2006
Type Commercial
Sub-Type Retail
Status Sold

Community Information

Address 4702 50 Avenue
Subdivision Downtown
City Sylvan Lake
County Red Deer County
Province Alberta
Postal Code T4S 1C5

Amenities

Utilities Electricity Available
Parking Spaces 6
Is Waterfront No

Interior

Interior Features See Remarks
Heating Boiler, In Floor, Natural Gas
Cooling Central Air, Full
Fireplace No
Has Basement No

Exterior

Lot Description Corner Lot
Roof Metal
Construction Stucco, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed January 8th, 2024
Date Sold March 13th, 2024
Days on Market 65
Zoning RCDC
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeRE/MAX real estate central alberta

Listing Map

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