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$ 750,000
Est. payment /mo
Active
5036 50 ST Innisfail, AB T4G 1S7
4,600 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Innisfail
MLS® Listing ID A2253333
Year Built 1946
Annual Tax Amount $3,652
Tax Year 2025
Lot Size 4,600 Sqft
Acres 0.11
Property Sub-Type Business
Source Central Alberta
Property Description
This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!
Location
Province AB
County Red Deer County
Zoning CB
Interior
Heating Floor Furnace, Natural Gas
Inclusions Back kitchen: dishwasher, counters and shelves. Larger kitchen: counters and sinks.
Exterior
Roof Type Flat Torch Membrane
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 101528343
Ownership Private
Listed by Royal LePage Network Realty Corp.