4929 50 Street, Camrose, Alberta

$468,000

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0.07

Acres

About 4929 50 Street

Exceptionally maintained and renovated commercial building in the heart of downtown Camrose. A rare find to have such extensive renovations with the bonus of being concrete block wall construction on a solid foundation, the definition of "good bones". In 2012 the building saw upgraded mechanical, electrical, plumbing, walls, flooring, & ceilings. There have been additional improvements to the building over the years right up to 2024 including new lighting, exit lights, smoke detection, walls, roof maintenance, exterior painting and interior leasehold improvements. There are 4 high efficiency furnaces and air conditioning, 2 for each floor. The spaces are beautifully designed both elegant and practical. The Main floor is fully leased and includes open store space, rear storage & office, partial basement with additional storage, mechanical spaces, and washroom. The second floor is fully leased with open store/dining space currently set up with children's play area, games room/office, public washroom and partial kitchen. In addition to the store space at the front, there is a separated kitchen, full bath w/washer, large multi-purpose room and an additional bright space w/ windows in the back of the building currently being used as a bedroom. This is a great opportunity to acquire a fully leased building, with positive return, in the growing City of Camrose, and local hot spot for shopping on "Main Street."

Features of 4929 50 Street

MLS® # A2130508
Price $468,000
Bathrooms 0.00
Acres 0.07
Year Built 1975
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 4929 50 Street
Subdivision Downtown Camrose
City Camrose
County Camrose
Province Alberta
Postal Code T4V 1P9

Amenities

Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Roof Flat Torch Membrane
Construction Concrete
Foundation Poured Concrete

Additional Information

Date Listed May 9th, 2024
Days on Market 17
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Battle River Realty

Listing Map

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