5017 51 Street, Camrose

2025-06-02
 

Quick Summary

Location
5017 51 Street, Camrose, Alberta T4V1N5
Price
$839,900 CAD
Status:
For Sale
Property Type:
Other
Area:
5500 sqft
Year of Construction:
1961

MLS®#A2225916

Property Description

This exceptional retail property is ideally situated in the heart of downtown Camrose, Alberta—a vibrant community with a population of approximately 20,000 and a regional trading area of nearly 100,000. Currently operating as a fully-equipped restaurant and bar, the building is available as a turnkey solution for immediate occupancy or can be delivered vacant for redevelopment to suit a variety of uses. The property offers approximately 11,000 sq. ft. of versatile, usable space across two levels: a main floor with 14-foot ceilings and a lower level with 10-foot ceilings. It features a commercial-grade kitchen complete with an exhaust system, walk-in freezer, beverage dispensing system, fire suppression, and a stage outfitted with professional sound and lighting. Additional highlights include: two rooftop HVAC units, central air conditioning, updated electrical system with 3-phase power and 200-amp service, and modernized plumbing. This building presents a unique opportunity for investors, entrepreneurs, or organizations seeking a flexible downtown location. It is well-suited for a variety of potential uses including, but not limited to: restaurant or bar, fitness studio or martial arts gym, spa or wellness centre, professional offices (e.g. accounting, law, therapy), educational training centre, food bank, or emergency shelter and retail or multi-tenant commercial space. Offered significantly below appraised value, this property combines premium location, extensive infrastructure, and adaptable space—making it an outstanding investment opportunity in one of Alberta’s key regional hubs. (id:32467)

Property Features

Building

  • Cooling Type: Central air conditioning
  • Fireplace: No
  • Interior Size: 5500 sqft
  • Building Type: Commercial Mix

Land

  • Land Size: 557.5 m2|4,051 - 7,250 sqft

Zoning

  • Description: 4

Information entered by Royal Lepage Rose Country Realty
Listing information last updated on: 2025-06-12 04:07:31


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$500,000

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