This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community! (id:51989)
Features of 5036 50 Street
- MLS® Number A2253333
- Price $725,000
- Square Footage: 4213 sqft
- Community Name: Downtown Innisfail
- Plan 3143et
Buildings
| Constructed Date | 1946 | Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas | Heating Type | Other |
| Size Exterior | 4213 Sqft | Size Interior | 4213 Sqft |
| Total Finished Area | 4213 Sqft |
Land
| Acreage | No | Size Irregular | 4600.00 |
| Size Total | 4600 Sqft|4,051 - 7,250 Sqft | Size Total Text | 4600 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Cb |
Agents and Offices
- Kari Flaws
- Office: Royal LePage Network Realty Corp.