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5016 50 Avenue Sylvan Lake, Alberta T4S 1P4

4200 Sqft

$579,900

Discover the ideal commercial space at 5016 50 Ave, Sylvan Lake – located in the vibrant downtown area. This mixed-use property, spanning 4,197 sq ft, is available for sale, offering unparalleled visibility and foot traffic, especially during the summer months. Step into a welcoming reception area leading to a spacious sitting room, private office, versatile shop area, and convenient lunchroom. With three bathrooms and four bay doors, this space is perfectly equipped to accommodate a variety of business ventures. The current tenant is on a month-to-month Triple Net Lease paying $12.00 per sq ft, providing an 8.68% CAP Rate. (id:57594)

Property Details

MLS® Number A2125902
Property Type Other
Community Name Downtown
Plan 1549aj

Building

Constructed Date 1980
Size Exterior 4197.04 Sqft
Size Interior 4200 Sqft
Total Finished Area 4197.04 Sqft
Type Commercial Mix

Land

Acreage No
Size Total Text Unknown
Zoning Description Rcdc