Positioned in a prime downtown Camrose location, this well-maintained mixed-use commercial building presents an exceptional opportunity for investors seeking a turn-key, income-producing property.
The property has benefited from extensive upgrades and improvements over the years and is currently leased to a long-term, not-for-profit tenant supported by government funding, providing a stable and attractive income stream for the next owner.
The versatile interior features multiple private offices, open meeting and gathering areas, several washrooms, and ample storage space, offering a functional layout well suited to a variety of commercial uses. The property also benefits from rear parking, adding valuable convenience for both staff and visitors.
With its desirable downtown location, established tenancy, upgraded condition, functional mixed-use layout, and parking, this property offers the ideal combination of location, stability, and long-term investment potential.
A true turn-key commercial investment — simply take ownership and enjoy the benefits of an established, long-term tenancy.
Essential information
MLS® number
A2342012
Status
Active
Price
$650,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
4,000 sq ft
Lot size
6,499 sq ft
Year built
1956
Structure
Mixed Use
Listing brokerage
RE/MAX Real Estate (Edmonton) Ltd.
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Exterior and construction
Construction
Wood Frame
Roof
Flat
Lot features
Back Lane, Corner Lot
Zoning
C1
Parking
Total parking
5
Commercial
Lease term remaining
28 months
Community
Subdivision
CADC
City
Camrose
Province
AB
Postal code
T4V 0V3
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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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.
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33 photos$680,0005203 51 Avenue, Camrose
