Property Details

Featured in:

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Featured in:

Winners:

319 50 Street
Edson (A2135165)

$278,500
3,250 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

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!

Property details

Basic Info

MLS® #
A2135165
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Edson
Price
$278,500
Sale/Lease:
For Sale
Size:
3,250 sq.ft.
Year Built:
1912 (113 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
none

Lot / Land Info

Lot Size:
0.07 acres
Zoning:
CBD - Central Business Di

Materials & Systems

Roof:
Other
Exterior:
Brick,Concrete,Wood Siding
Foundation:
Perimeter Wall, Poured Concrete, Wood
Heating:
Floor Furnace, Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
Negotiable
Days on Market:
305
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Grassroots Realty Group Ltd.
1-833-477-6687

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