5023 3rd AVE, Edson, AB T7E 1X7
5023 3rd AVE, Edson, AB T7E 1X7
5023 3rd AVE, Edson, AB T7E 1X7
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Chris Forsyth

Chris Forsyth

+1(403) 391-8141
$995,000
Est. payment /mo
24,385 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 24,385 sqft

Price per Sqft $40

MLS Listing ID A2283616

Year Built 1974

Lot Size 1.360 Acres

Acres 1.36

Property Sub-Type Mixed Use

Property Description

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units,providing diversified income,with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots,the property offers ample on-site parking for staff and customers,excellent access,and a loading/unloading dock ideal for retail,service,or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions,the location supports long-term tenant demand. The building has benefited from several upgrades over the years,including capital improvements completed in 2024,such as a new rooftop A/C and heating unit,fire panel upgrade,and new flooring in select areas,helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial,this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow,future upside,and flexibility in use within one of Edson's most accessible commercial corridors.

Location

Province AB

Zoning C-2 Service Commercial

Interior

Inclusions none

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Fiber Optics Available, High Speed Internet Available, Sewer Connected, Water Connected

Water Access Desc Public

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Sewer Public Sewer

Water Public

Others

Restrictions None Known

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Listed by CENTURY 21 TWIN REALTY

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Chris Forsyth

Chris Forsyth

+1(403) 391-8141

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