Real estate on your terms®
$995,000
active
5023 3rd Avenue
Edson
,
AB
T7E1X7
Key Details
- MLS® Number:
- A2283616
- Building Type:
- Commercial Mix
- Interior Size:
- 24386 square feet
- Lot Size:
- 59320.0 square feet
Property 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. (id:53430)
Building
- Property Type:
- Commercial Mix
- Building Type:
- Commercial Mix
- Year Built:
- 1974
Finished Areas
- Interior Size (Total):
- 24386 square feet
- Above Grade:
- 24386 square feet
Lot / Land
- Lot Size:
- 59320.0 square feet
- Lot Features:
- Visual exposure
Exterior
- Exterior Features:
- Concrete
- Construction:
- Poured concrete
Utilities & Mechanical
- Utilities:
- Water, Sewer, Natural Gas, Electricity
- Water Source:
- Municipal water
Fees & Dates
- Property Taxes:
- $11,345
- Tax Year:
- 2025
- Last Modified:
- 06/06/2026 09:20:27 PM
- Status Change:
- 06/06/2026 09:12:12 PM
Lease & Income
- Lease Type:
- Gross
Location
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