A grand income property with unlimited potential and pure Olde Country charm! Discover a rare, multi-stream revenue generator designed for the visionary entrepreneur. The main building was built in 2005 but has a timeless Bavarian identity. This unique commercial property perfectly blends stable residential income with a commercial business opportunity which has been assembled and is truly ready to go. With its exceptional location along 50th Avenue, it has long been a feature property within the heart of the downtown area within the Town of Valleyview. The property additionally features so many benefits including a 912 sq.ft. detached residence which means you can live where you work or you can continue to use it as another source of income. The potential for revenue generation doesn’t end with the buildings. A mini-golf course was developed on one of the three lots, and the other lot is vacant and could be used for business expansion, redevelopment or resale. This property offers multiple income streams, including rental income available from day one. You could then expand and bring back to life the iconic Bavarian themed restaurant, or you could completely reinvent the property to match your creative vision. Whatever you decide bring your imagination and create a new future for this completely unique and landmark property today! (id:51989)
Features of 4810 50 Avenue
- MLS® Number A2315853
- Price $995,000
- Square Footage: 5838 sqft
- Property Type: Commercial Mix
- Features Back Lane
- Plan 6877ks
- Total Buildings 3
Business
| Business Type | Other | Business Sub Type | Mixed - IC&I |
Buildings
| Amperage | 200 Amp Service | Constructed Date | 2005 |
| Construction Material | Wood Frame, Icf Block | Foundation Type | See Remarks |
| Heating Fuel | Natural Gas | Heating Type | Forced Air, In Floor Heating |
| Size Exterior | 5838 Sqft | Size Interior | 5838 Sqft |
| Total Finished Area | 5838 Sqft | Type | Commercial Mix |
| Utility Power | 200 Amp Service | Utility Water | Municipal Water |
Land
| Acreage | No | Sewer | Municipal Sewage System |
| Size Depth | 50.41 M | Size Frontage | 60.96 M |
| Size Irregular | 33080.00 | Size Total | 33080 Sqft|32,670 - 43,559 Sqft (3/4 - 1 Ac) |
| Size Total Text | 33080 Sqft|32,670 - 43,559 Sqft (3/4 - 1 Ac) | Zoning Description | Cd |
Utilities
| Electricity | Available | Natural Gas | Available |
Agents and Offices
- Alan Duncan
- Ron Armeneau
- Office: Royal LePage Redwillo Realty