For Sale

319 50 Street Unit# 319, Edson, Alberta T7E1S9

$281,500

319 50 Street Unit# 319, Edson, Alberta T7E1S9 is For Sale and has a listing price of 281,500. The property is located in the Edson neighbourhood. It's been on the website for 65 Days.

  • Retail
    Property Type
  • Retail
    Building Type
  • MLS ID: A2135165
  • Office Name CENTURY 21 TWIN REALTY
Property Description

Welcome to 319 50th Street in the heart of Edson! This historic two-story retail building, constructed in 1912, offers a unique investment opportunity with exposure to Highway 16 westbound. One of the original retail buildings on Main Street, this 3250 square-foot property has been upgraded through the years and most recently in 2014. The main floor is currently leased to a local print shop, offering 1839 square feet of finished space with two 2-piece bathrooms featuring ceramic tile flooring. The space boasts vinyl plank flooring, newly painted drywall, and original wood wainscotting, creating a charming and inviting atmosphere for customers. The second floor is leased to a yoga studio, providing another 1875 square feet of finished space. The studio room features 11 1/2-foot ceiling height with original tin embossed tile, original plaster crown moldings, and a combination of original wood and vinyl plank flooring. The space also includes two 3-piece bathrooms, one with a shower, partial kitchen with office or retail space making it a versatile area for various businesses or tenants. This property is equipped with updated electrical, plumbing, two forced-air furnaces, an AC unit, and two Bradford 40-gallon natural gas hot water tanks, ensuring a comfortable and efficient environment for your tenants. Don’t miss this opportunity to own a piece of Edson’s history and generate steady rental income. The current rental income is $2625.00 per month gross on month-to-month leases. This property would make a great addition to your investment portfolio! (id:43137)

Property Details
  • MLS ID: A2135165
  • Price: $281,500
  • Transaction Types: For Sale
  • Ref ID: 26948850
  • Year Built: N/A
  • Approx Sqft: 3250 sqft
  • Building Type: Retail
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
05/24/2024 A2135165 $286,500 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Edson
  • $357,962 Average List Price
    based on 1 year
  • 24 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +82.7%
  • 3 Month Change -3.2%
  • 6 Month Change +42.3%
Walkscore
Property Type Distribution
  • All Houses
    57.05%
  • Commercial
    23.32%
  • Condo
    17.25%
  • Land for Sale
    2.39%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air, Other
  • Exterior Brick, Concrete, Wood Siding
  • Cooling System Central Air Conditioning
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/05/2024 00:00:00
  • Zoning Business Commercial
  • Agent Name: SHARON HAWBOLDT
  • Address Subdivision: Edson
  • Last Updated: 09/12/2024 20:52:01
Open House Dates
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