Salehian.com 647-325-5000

5025 1 Avenue

Edson, AB, T7E1S9

Listed by CENTURY 21 TWIN REALTY

$1,590,000

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  • 19654 sq ft

Listed 69 days ago · MLS® A2337184

About this home

This multi-unit commercial building offers a unique investment opportunity in the heart of Edson’s Central Business District. Sitting on 1.34 acres (58,202 sq ft), the property features a 19,800 sq ft steel frame and metal clad building, divided into 5 rental units. Current tenants include a gym, small spa, a professional office and furniture store, with availability for two additional tenants, providing excellent growth potential and flexibility for future uses.Built in 1980, the building boasts pile and grade beam construction with concrete floors and a steel frame, ensuring durability and low maintenance.Additional features include concrete walkways spanning the building front, asphalt paving covering the remaining lot with ample customer parking, and a paved staff parking area at the rear. Ideally located just half a block west of Edson’s Main Street on 1st Avenue, this property offers excellent visibility and accessibility.This is a fantastic opportunity to secure well-located, income-producing property with strong existing tenants and room for expansion. (id:66966)

Details

Type
Business
Size
19654 sq ft
Property tax
$28,814 (2026)
Municipality
Edson

Interior

Fireplace
No

Heating, cooling and services

Heating
Natural gas
Water and sewer
Municipal sewage system
Utilities
Water, Sewer, Natural Gas, Electricity, Telephone

Building and exterior

Year built
1980
Exterior
Poured concrete
Foundation
Poured Concrete
Outdoor
Concrete, Metal
Building area
19,654 square feet

Location

Location is approximate. See nearby homes on the map

Listed by CENTURY 21 TWIN REALTY.

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