4605 50 Street, Spirit River

2026-08-17
 

Quick Summary

Location
4605 50 Street, Spirit River, Alberta T0H3G0
Price
$259,900 CAD
Status:
For Sale
Property Type:
Other
Area:
2400 sqft
Year of Construction:
1966

MLS®#A2337357

Property Description

Turnkey Mixed-Use Investment on Main Street, Spirit RiverA rare opportunity to own a leased, income-producing building right on Spirit River's Main Street. This 4,800 sq ft mixed-use property blends stable commercial tenancy with residential upside — ideal for an investor looking for immediate cash flow and room to grow.The main floor is anchored by long-term commercial tenants, including an insurance office and Alberta registries services, Downstairs lease renewed for 3 years in March 1, 2025 . In 2028 they have 2 more 3 year options to extend leaseA top-floor suite is leased to a business tenant on a one-year term, adding further stability to your income stream.Upstairs, two one-bedroom residential suites are available — including an upgraded owner's suite — offering flexibility to owner-occupy, add a resident manager, or lease both units for additional revenue.Recent capital improvements give this building a head start on maintenance costs: new roof, furnaces, hot water tank, exterior paint, and full renovations to apartments 2 and 3. Construction is solid brick with a poured concrete foundation. The numbers work now — the property shows strong positive cash flow at just 65% occupancy. Call your favorite Commercial Realtor® to take a look at this great opportunity! (id:32467)

Property Features

Building

  • Exterior Finish: Concrete
  • Fireplace: No
  • Interior Size: 2400 sqft
  • Building Type: Commercial Mix

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: commercial

Information entered by eXp Realty
Listing information last updated on: 2026-08-14 16:29:42


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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

Q
What is the deal exactly, with One Percent Realty?

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.

Q
What do you charge?

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.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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