Listing Details

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

5516 53 Avenue   Drayton Valley, Alberta

$395,000
MLS®: E4450639
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 Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.