5035 50 Av, Breton, Alberta T0C 0P0

Listed for:
$249,000
0 beds
0 baths
Listed 101 days ago
5035 50 Av, Breton, Alberta T0C 0P0

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Listing provided by:
Maxwell Heritage Realty
MLS® number:
E4345406
Agent:
Bob Buttar
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About

Unique Opportunity To Invest & Profit. Turn Key Operation. Free Standing Commercial Building Occupied by Long Standing Professional Anchor Tenant-Co-Operators Insurance on Current 5 Year Lease. Plus Separate, Second Floor Legal Residential Suite. Occupied on a 1 Year Lease. FEATURES: Originally Built in 1973; This Building Has Been Significantly Upgraded in Recent Years. Approx 1911 Sq. Ft. of Office/ Storage Space. Plus a Recently Renovated 2 Bedroom Suite Approx 591 Sq. Ft. . Additional Features & Upgrades. Metal Roof, New Electrical, Newer Furnace & Ducts. All New Vinyl Plank Flooring Throughout Main Office Area. New Paint & Trim. Large Corner Lot on Main Street. Abundance of Parking. Main Office Area Consists of Renovated Lobby/ Waiting Area Including Stone Fireplace Feature. 2 Contained Offices Plus One Open Reception/ Office Area. Large Kitchen / Eating Area Plus 2 Piece Bathroom & Multiple Small Offices/ Storage Spaces at the Rear of the Building. Beat Inflation With This Sound Investment. (id:27476)

Property Highlights

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Summary

Here is a fantastic opportunity for investment and profit with a turnkey operation. The free-standing commercial building is currently occupied by a long-standing professional anchor tenant, Co-Operators Insurance, who is on a current 5-year lease. In addition to the commercial space, there is a separate second-floor legal residential suite that is currently occupied on a 1-year lease.

The building, originally constructed in 1973, has undergone significant upgrades in recent years. It offers approximately 1911 square feet of office and storage space, as well as a recently renovated 2-bedroom suite spanning approximately 591 square feet. The property boasts a metal roof, new electrical, a newer furnace and ducts, and all new vinyl plank flooring throughout the main office area. Additionally, there is new paint and trim, making the building look fresh and modern.

Situated on a large corner lot on Main Street, the property offers an abundance of parking for tenants and customers. The main office area features a renovated lobby and waiting area with a stone fireplace feature, 2 contained offices, and an open reception/office area. There is also a large kitchen/eating area, a 2-piece bathroom, and multiple small offices/storage spaces at the rear of the building.

This sound investment opportunity is a great way to beat inflation and secure a valuable asset. Don't miss out on this unique chance to invest in a property with a reliable tenant and potential for profit.

This property is currently for sale and is located at 5035 50 Avenue in the city of Breton, Alberta. The postal code for this property is T0C0P0.