50
See all 50 photos
$750,000
Est. payment /mo
4,213 SqFt
New
5036 50 ST Innisfail, AB T4G 1S7
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,213 sqft
Price per Sqft $178
Subdivision Downtown Innisfail
MLS Listing ID A2253333
HOA Y/N No
Year Built 1946
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Business
Property Description
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. For those looking to acquire both real estate and a thriving business, the established "Leg Man" custom embroidery shop is also available for purchase. An excellent turn-key investment. 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!
Location
Province AB
County 0263
Zoning CB
Interior
Heating Floor Furnace, Natural Gas
Inclusions Back kitchen: dishwasher, counters and shelves. Larger kitchen: counters and sinks.
Fireplace No
Exterior
Roof Type Flat Torch Membrane
Garage No
Building
Dwelling Type Mixed Use
Foundation Poured Concrete
Others
Restrictions None Known
Listed by Royal LePage Network Realty Corp.
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