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319 50 Street, Edson
2024-05-27
Quick Summary
- Location
- 319 50 Street, Edson, Alberta T7E1S9
- Price
- $286,500
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 3250ft2
- Year of Construction:
- 1912
MLS®#A2135165
Property 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! (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Concrete, Wood siding
- Fireplace: No
- Interior Size: 3250 sqft
- Building Type: Retail
Land
- Land Size: 3250 sqft|0-4,050 sqft
Ownership
- Type: Freehold
Zoning
- Description: C-1
Information entered by CENTURY 21 TWIN REALTY
Listing information last updated on: 2024-05-29 14:19:43
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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