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$995,000

0 Beds 0 Baths 24,386 SQFT 59320.00 Acres
Type: Commercial

5023 3rd Avenue
Edson, AB T7E1X7

MLS#: A2283616
Jonathan Edwards
Jonathan Edwards
Condo Digs
Broker of Record
Phone: 416.843.7172
Office: 416.840.6300
Presented by: CENTURY 21 TWIN REALTY

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. (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Construction MaterialPoured concrete
Living Area Range24,386 sqft

General

Building TypeCommercial Mix
FeaturesVisual exposure
Lease TypeGross
Property TypeOther
Road TypePaved road
Zoning DescriptionC-2 Service Commercial

Exterior

Exterior FinishConcrete
SewerMunicipal sewage system

Additional Details

  

Similar Properties

$995,000

0 Beds 0 Baths 24,386 SQFT 59320.00 Acres
Type: Commercial

5023 3rd Avenue
Edson, AB T7E1X7

MLS#: A2283616
Jonathan Edwards
Jonathan Edwards
Condo Digs
Broker of Record
Phone: 416.843.7172
Office: 416.840.6300
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