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4902 51 Street, Mayerthorpe

$175,000

About this property

This bank foreclosure sale is one heck of a great deal! Used previously as a welding shop, this building has two 14 foot high industrial doors and a decent side yard for storage. At this price, it works out to $32 a square foot to own it, whereas a new build today would be $300 a square foot! Check out the photos of all the machinery that comes with the building, you would even have your own fork lift!!

Essential information

MLS® number
A2354049
Status
Active
Price
$175,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
None Known
Building area
5,411 sq ft
Year built
1972
Structure
Industrial
Listing brokerage
RE/MAX ADVANTAGE (WHITECOURT)
Source
Pillar 9™ MLS® System

Interior

Included
There are many pieces of machinery inside. Some are under court order to possibly be retrieved by creditors.

Exterior and construction

Zoning
C2 (Secondary Comm)

Community

City
Mayerthorpe
Province
AB
Postal code
T0E 1N0

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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