Property Details

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5036 50 Street
Innisfail (A2253333)

$750,000
4,213 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

This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!

Property details

Basic Info

MLS® #
A2253333
Property Type:
Commercial
Subtype:
Business
Subdivision:
Downtown Innisfail
Price
$750,000
Sale/Lease:
For Sale
Size:
4,213 sq.ft.
Year Built:
1946 (79 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
Back kitchen: dishwasher, counters and shelves. Larger kitchen: counters and sinks.

Lot / Land Info

Lot Size:
0.11 acres
Zoning:
CB

Materials & Systems

Roof:
Flat Torch Membrane
Foundation:
Poured Concrete
Heating:
Floor Furnace, Natural Gas

Listing Info

Possession:
Subject To Tenancy
Days on Market:
90
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Grassroots Realty Group Ltd.
1-833-477-6687

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