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Courtesy of Century 21 Hi-Point Realty Ltd.
Data was last updated 2025-06-25 at 20:18:11 GMT
$395,000

5516 53 Avenue   Drayton Valley, Alberta

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MLS®: E4450639
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Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16? overhead doors, and an upper mezzanine that?s approximately the size of half the unit?s square footage. The rear unit includes two large shop bays, each with a 16? overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.
Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16? overhead doors, and an upper mezzanine that?s approximately the size of half the unit?s square footage. The rear unit includes two large shop bays, each with a 16? overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.

Listing Information

Prop. Type:
Commercial Sale
Status:
Active
City:
Drayton Valley
MLS® Number:
E4450639
Area:
Edmonton
Province:
Alberta
Listing Price:
$395,000

General Information

Year Built:
1978

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This property is listed by Century 21 Hi-Point Realty Ltd and provided here courtesy of Christine Mcfarland. For more information or to schedule a viewing please contact Christine Mcfarland.
Christine Mcfarland
MaxWell Progressive
Phone: (780) 361-5925
Mobile Phone: (780) 361-5925
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
This site's content is the responsibility of Christine Mcfarland, licensed REALTOR® in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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