319 50 Street , Edson, AB T7E1S9
Edson, AB T7E1S9
Description
Welcome to 319 50th Street in the heart of Edson! This historic two-story retail building, constructed in 1912, offers a unique investment opportunity with exposure to Highway 16 westbound. One of the original retail buildings on Main Street, this 3250 square-foot property has been upgraded through the years and most recently in 2014. The main floor is currently leased to a local print shop, offering 1839 square feet of finished space with two 2-piece bathrooms featuring ceramic tile flooring. The space boasts vinyl plank flooring, newly painted drywall, and original wood wainscotting, creating a charming and inviting atmosphere for customers. The second floor is leased to a yoga studio, providing another 1875 square feet of finished space. The studio room features 11 1/2-foot ceiling height with original tin embossed tile, original plaster crown moldings, and a combination of original wood and vinyl plank flooring. The space also includes two 3-piece bathrooms, one with a shower, partial kitchen with office or retail space making it a versatile area for various businesses or tenants. This property is equipped with updated electrical, plumbing, two forced-air furnaces, an AC unit, and two Bradford 40-gallon natural gas hot water tanks, ensuring a comfortable and efficient environment for your tenants. Don't miss this opportunity to own a piece of Edson's history and generate steady rental income. The current rental income is $2625.00 per month gross on month-to-month leases. This property would make a great addition to your investment portfolio! (id:13843)
Details
| MLS# | A2135165 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1912 |
| Days On Site | 240 |
| Listing Provided By | CENTURY 21 TWIN REALTY | SHARON HAWBOLDT |
Features
| SQ Feet | 3,250 |
|---|---|
| Building(s) | 1 |
| Zoning | CBD - Central Business District |
| Acreage | 3250.00 |
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Learn More About This Property
| State | AB |
|---|---|
| City | Edson |
| Zip Code | T7E1S9 |
| Community Name | Edson |
| Listing VS Median (in Edson) | |
Price: $281,500 low | high Med: $293,990 SqFt: 3,250 low | high Med: 1,208 $ / SqFt: $87 low | high Med: $243 On Site: 240 low | high Med: 52.000000 | |
