Active

$995,000

5023 3rd Avenue

Edson

MLS® #A2283616

  • 24,386 Sqft
  • 59,320 square feet
  • Built 1974
  • Other
  • ✓ Spacious Layout
  • ✓ Real Lot Size Listed

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:66619)

Features

Interior

24,386 sqft

Lot

59,320 square feet

Year Built

1974

Location

Nearby schools, walkability, and amenity information is not yet available for this listing.

Estimate Your Payment

Edson Mortgage Payment Calculator

Estimated Monthly Payment $0
Mortgage Amount: $0 Total Interest Paid: $0 Total Cost Over Term: $0

This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.

Interested in this property?

Contact Kirsten Bernal for more information or to arrange a showing.

Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.


Log InSign Up