We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
5120 50 Avenue, Olds
2025-08-08
Quick Summary
MLS®#A2242696
Property Description
Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with two newer forced-air furnaces and central air conditioning.Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2537 sqft
- Building Type: Offices
- Utility Water: Municipal water
Features
- Feature: Back lane, Level
Land
- Land Size: Unknown
- Sewer: Municipal sewage system
Zoning
- Description: C1
Information entered by RE/MAX House of Real Estate
Listing information last updated on: 2025-08-13 18:12:37
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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.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Anna Madden Associate
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- 587-830-2405
- Email:
- anna.madden05@gmail.com
- Support Area:
- Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills
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Full ProfileDabs Fashola Associate
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- 403-619-0621
- Email:
- homesbydabs@gmail.com
- Support Area:
- Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds
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