Property Details

Featured in:

Winners:

Featured in:

Winners:

5023 3rd Avenue
Edson (A2283616)

$995,000
24,386 ft²
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors.

Property details

Basic Info

MLS® #
A2283616
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
NONE
Price
$995,000
Sale/Lease:
For Sale
Size:
24,386 sq.ft.
Year Built:
1974 (52 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
none

Acreage/Farm Info

Nearest Town:
Edson

Lot / Land Info

Lot Size:
1.36 acres
Water:
Public
Sewer:
Public Sewer
Utilities:
Electricity Connected, Natural Gas Connected, Fiber Optics Available, High Speed Internet Available, Sewer Connected, Water Connected
Zoning:
C-2 Service Commercial

Materials & Systems

Exterior:
Concrete

Listing Info

Possession:
Negotiable
Media & Video

Experience this property!

Virtual Tour
Related Properties
Share This Listing
Ask About This Property
  • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

Email