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3203 50 Avenue, Olds

$447,900

About this property

Opportunity to own a versatile 1.53-acre Light Industrial zoned property offering a variety of potential uses and existing rental income. The property includes a 1976 mobile home with several upgrades, previously rented for $1,500/month, providing the option for rental income, staff accommodation, office use or other possibilities subject to municipal approval. Two additional storage sheds are also included. A second mobile home, not included in the sale, currently occupies a portion of the property and provides $460/month in lot rent, creating immediate income for the new owner. With ample land, flexible Light Industrial zoning and multiple potential revenue streams, this property offers an excellent opportunity for an investor, owner/operator or business looking for space to grow. Bring your business plans and explore the possibilities this unique property has to offer!

Essential information

MLS® number
A2345228
Status
Active
Price
$447,900
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
728 sq ft
Lot size
66,646 sq ft
Year built
1976
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Included
Fridge, Stove, Washer, Dryer

Exterior and construction

Roof
Metal
Foundation
Piling(s)
Zoning
I1

Community

City
Olds
Province
AB
Postal code
T4H 1A5

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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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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MLS® data last updated Nov 8, 2026, 1:20 a.m. (Mountain Time).

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