Courtesy of Initia Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$2,400,000

5010 50 Ave   Calmar, Alberta

MLS®: 44340581
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Prime investment opportunity located approximately 30 minutes from Edmonton. This well-maintained 5-lot commercial strip mall is situated on the town?s main road, offering excellent exposure and convenient access.The property is fully leased with no vacancy and features four established tenants under long-term triple net lease agreements. Tenants include a grocery and liquor store, Subway, a Chinese restaurant, and a pub, providing a stable and diversified income stream.The asset offers an attractive cap rate, with potential for further upside as two lease renewals are scheduled within this year and next year, which may enhance overall returns. The site also provides ample on-site parking for customers and staff.A rare opportunity to acquire a stable, income-producing commercial property with future growth potential. Subject to municipal approvals, there may be the possibility of adding a second floor to further increase rental income.An excellent opportunity for investors seeking a solid, long-term incom
Prime investment opportunity located approximately 30 minutes from Edmonton. This well-maintained 5-lot commercial strip mall is situated on the town?s main road, offering excellent exposure and convenient access.The property is fully leased with no vacancy and features four established tenants under long-term triple net lease agreements. Tenants include a grocery and liquor store, Subway, a Chinese restaurant, and a pub, providing a stable and diversified income stream.The asset offers an attractive cap rate, with potential for further upside as two lease renewals are scheduled within this year and next year, which may enhance overall returns. The site also provides ample on-site parking for customers and staff.A rare opportunity to acquire a stable, income-producing commercial property with future growth potential. Subject to municipal approvals, there may be the possibility of adding a second floor to further increase rental income.An excellent opportunity for investors seeking a solid, long-term incom

Listing Information

Prop. Type:
Commercial Sale
Status:
Active
City:
Calmar
MLS® Number:
44340581
Area:
Edmonton
Province:
Alberta
Listing Price:
$2,400,000

General Information

Year Built:
1980

VIP-Only Information

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This property is listed by Initia Real Estate and provided here courtesy of Kyle Rossiter. For more information or to schedule a viewing please contact Kyle Rossiter.
Kyle Rossiter
MaxWell Polaris
Phone: 780-450-6300
Mobile Phone: 780-267-9942
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.