3,853 sqft
$435,000
Well-positioned mixed-use commercial investment property in the heart of the Town of Legal, Alberta, located along 50 Avenue with strong main-street exposure approximately 45 minutes north of Edmonton. The two-storey wood-frame building (approx. 3,853 sq ft) sits on an approx. 8,560 sq ft lot with approx. 57 ft of frontage and offers a stable, diversified income mix across five tenancies — including an anchor restaurant tenant on a multi-year net lease secured by personal guarantees, two additional main-floor commercial spaces, and two upper-floor two-bedroom residential suites. The building benefits from recent capital improvements, including a high-efficiency IBC condensing boiler (2020) and Bradford & White domestic hot water tank (2018) serving a zoned hydronic radiant baseboard heating system throughout. Additional features include 200-amp main electrical service, municipal water and sewer servicing, copper water distribution, brick veneer and vinyl exterior cladding, and on-site surface parking. Suited to investors seeking a turn-key, fully tenanted asset in a stable rural Alberta community within commuting distance of the Edmonton Metropolitan Region. Property offered on an as-is, where-is basis. Rent roll, lease copies, recent third-party commercial property inspection reports, and financial information available to qualified buyers and their representatives upon execution of a Non-Disclosure Agreement. Buyer is required to conduct independent due diligence. All measurements and information approximate and to be verified by the buyer. (id:36536)
Property Details
|
MLS® Number
|
44989738 |
|
Property Type
|
Retail |
Building
Land
|
Acreage
|
No |
|
Size Irregular
|
8537.76 |
|
Size Total
|
8537.76 Sqft|under 1/2 Acre |
|
Size Total Text
|
8537.76 Sqft|under 1/2 Acre |
https://www.realtor.ca/real-estate/29836889/4727-50-ave-legal-ab-t0g-1l0-legal?utm_source=maxwellrealtycanada&utm_medium=referral&utm_campaign=ddfsitelinks