Courtesy Of Kelly Baker Of RE/MAX Platinum Realty
About 5121 50 Av
This building is right on main street and has Panago Pizza as a long term tenant. The other side of the building is available and marketed for lease, with multiple office possibilities or potential retail sales, with plenty of street traffic. The available space for lease is over 4600 sqft., marketed at $14.00/sqft. and $3.00/sqft. common, and includes numerous office spaces, washrooms, staff rooms, conference/meeting rooms, plenty of storage, and can be built to suite for tenants, depending on the term of the lease. With the vacant offices rented, not including the Panago revenue, this property would generate an additional $78,000/year. This property has high revenue potential with the right tenants and already has a stable long term tenant to add appreciation to the property. This could be a very lucrative long term investment for the right buyer.
Features of 5121 50 Av
| MLS® # | E4376481 |
|---|---|
| Price | $849,900 |
| Square Footage | 4,655 |
| Acres | 0.00 |
| Year Built | 1980 |
| Type | Office |
Community Information
| Address | 5121 50 Av |
|---|---|
| Area | Cold Lake |
| Subdivision | Cold Lake South |
| City | Cold Lake |
| Province | AB |
| Postal Code | T9M 1P4 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Construction | Concrete Block |
|---|
Additional Information
| Date Listed | March 11th, 2024 |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Kelly Baker Of RE/MAX Platinum Realty |
|---|