At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.
4840 50 Avenue, Vermilion
2026-05-25
Quick Summary
- Location
- 4840 50 Avenue, Vermilion, Alberta T9X1T6
- Price
- $599,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 9000 sqft
- Year of Construction:
- 1912
MLS®#A2313796
Property Description
Welcome to the iconic Imperial Block - a rare multi-rental and commercial investment opportunity with a proven revenue stream and outstanding long-term potential.Originally built in 1912 by British capitalists, this landmark three-storey brick building has been a staple in the community for generations. Constructed with durable brick from the historic Vermilion Brick Factory, the property blends timeless character with reliable income-producing performance. Located on a large 60â x 120â commercial lot, the Imperial Block features space for commercial tenants on the main floor plus eight residential rental units above, offering a diverse income mix. The residential suites include spacious two-bedroom apartments, oversized one-bedroom units, and studio suites that continue to attract tenants from Lakeland College, local agriculture, and the oilfield industry. Additional features include on-site coin-operated laundry, strong occupancy history, and excellent downtown exposure within walking distance to amenities, shopping, and services. Generating approximately $100,000 in annual gross revenue , this is an exceptional opportunity for investors seeking a high-performing income property in Alberta. Whether youâre expanding your portfolio or searching for a stable mixed-use commercial building with historic appeal, the Imperial Block delivers both character and cash flow. (id:32467)
Property Features
Building
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 9000 sqft
- Building Type: Commercial Mix
Land
- Land Size: 7200 sqft|4,051 - 7,250 sqft
Zoning
- Description: CB Central Business District
Information entered by RE/MAX PRAIRIE REALTY
Listing information last updated on: 2026-05-28 18:32:53
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How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$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
For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.
Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.
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