319 50 Street Edson, Alberta T7E 1S9
$278,500
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:60626)
Property Details
| MLS® Number | A2135165 |
| Property Type | Retail |
| Community Name | Edson |
| Plan | 1494ac |
| Road Type | Paved Road |
| Total Buildings | 1 |
Building
| Constructed Date | 1912 |
| Construction Material | Poured Concrete |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Concrete, Wood Siding |
| Foundation Type | Poured Concrete, Wood |
| Heating Fuel | Natural Gas |
| Heating Type | Other, Forced Air |
| Size Exterior | 3250 Sqft |
| Size Interior | 3,250 Ft2 |
| Total Finished Area | 3250 Sqft |
| Type | Retail |
Land
| Acreage | No |
| Size Irregular | 3250.00 |
| Size Total | 3250 Sqft|0-4,050 Sqft |
| Size Total Text | 3250 Sqft|0-4,050 Sqft |
| Zoning Description | Cbd - Central Business District |
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March 28 2025 11:10:23
Alberta West REALTORS® Association
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