Investment Opportunity!! Multi Unit Commercial Building located on Highway 16 Westbound. 3200 square foot building separated into two 1600 sq ft retail locations with centre firewall, zoned C-2 Service Commercial and an adjacent Residential Home with double car garage zoned R-2 General Residential. The East side unit was completely renovated 4 years ago and is leased to a local communications store. It features a large front retail space with new ceramic tile throughout, 2-pc bathroom, 2-offices, full kitchen with new cabinets & appliances, utility room and storage. 8 Ft overhead door for future shop use if required. The West side is leased to a local Water Store and consists of a large front retail space, water disbursement vending machine room open 24 hours, office, 2-pc bathroom, kitchenette, storage and shop bay with 2-overhead doors. Each location has plenty of staff and customer parking, security roll shutters, large digital overhead sign, air conditioning, separate power meters, floor furnace, plus a shared boiler for in-floor heat (gas, water, sewer are shared). Also included is a 2-Bedroom, 1-Bathroom adjacent House with Dbl Detached Garage on a 7000 sq.ft lot. The house is rented, well maintained and has a newer tin roof, some windows, furnace in 2023, and HWT in 2024. Additional lease information available to interested buyers.
Essential information
MLS® number
A2282120
Status
Active
Price
$765,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
3,167 sq ft
Year built
2005
Structure
Multi Unit
Listing brokerage
CENTURY 21 TWIN REALTY
Source
Pillar 9™ MLS® System
Interior
Heating
Boiler, Floor Furnace, Forced Air, Natural Gas
Cooling
Central Air
Included
Roll shutters, Overhead sign
Exterior and construction
Construction
Concrete, Wood Frame
Roof
Metal
Foundation
Poured Concrete, Slab
Lot features
Landscaped, Level, Low Maintenance Landscape, Paved, Street Lighting
Frontage
30.48M 100`0"
Zoning
C2 - Service Commercial
Parking
Total parking
12
Community
City
Edson
Province
AB
Postal code
T7E 1C7
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage—
—
An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in commercial property in Edson reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in commercial property comes up.
43 photos$680,000419 50 Street, Edson
