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5115 50 Avenue, Caroline

$399,000

About this property

Commercial building on main street in Caroline. Lots of opportunity here with the front being all retail space and windows visible to main street. The back of the building houses 3 big bays 17X59, 12X43, 19X34 with over head doors being 12 and 14 feet. This building has a mezzanine (45X50) with room for storage, office space and accommodations. The front half is currently set-up as office space, kitchen and washroom. Beautiful updated board-room or office space with gas fireplace is an ideal space. In the loft area there is a bedroom space, 3 office spaces and 2 lounging areas. Some recent improvements include; paint, laminate flooring, furnace, a/c, electrical panel, updated washrooms (3-pce. w. shower & 2-pce.), sound proof insulation above the board room. Lots of room for many types of businesses. The building was used for a delivery business and mechanics shop.

Essential information

MLS® number
A2290448
Status
Active
Price
$399,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
6,250 sq ft
Lot size
6,000 sq ft
Year built
1978
Structure
Low Rise (2-4 stories)
Listing brokerage
Royal LePage Tamarack Trail Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Included
work benches, lockers, office furniture, beds, appliances-all as is

Exterior and construction

Construction
Concrete
Roof
Metal
Foundation
Poured Concrete
Lot features
Back Lane
Frontage
15.24M 50`0"
Zoning
HC

Services

Utilities
Electricity Connected, Natural Gas Connected, Satellite Internet Available, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public

Community

City
Caroline
Province
AB
Postal code
T0M 0M0

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.

The purchase

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The building

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MLS® data last updated Nov 8, 2026, 8:10 p.m. (Mountain Time).

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