Property Details

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Featured in:

Winners:

4929 50 Street
Camrose (A2130508)

$468,000
4,402 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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."

Property details

Basic Info

MLS® #
A2130508
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Downtown Camrose
Price
$468,000
Sale/Lease:
For Sale
Size:
4,402 sq.ft.
Year Built:
1975 (50 years old)

Building Info

Structure Type:
Multi Unit
Garage:
No
Fence:
Basement:
No
Inclusions:
Washing Machine, Fridge (upper floor)

Lot / Land Info

Lot Size:
0.07 acres
Zoning:
C1

Materials & Systems

Roof:
Flat Torch Membrane
Exterior:
Concrete
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
Negotiable
Days on Market:
347
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Grassroots Realty Group Ltd.
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