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5002 50 st 6,340 SF 100% Leased Flex Building Stettler, AB T4K 1K9 $650,000 CAD ($102.52 CAD/SF)
INVESTMENT HIGHLIGHTS
- 8 Fully Rented spaces
- High exposure location and consistent foot traffic
- Recent Facelift
EXECUTIVE SUMMARY
Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler’s Main Street—this 6,340 sq. ft. commercial building offers an outstanding investment opportunity. The property is fully rented and demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50,782, this property boasts a strong 7.8% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community. The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler’s Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal. This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta’s key service centers.
PROPERTY FACTS
| Price | $650,000 CAD | Lot Size | 0.15 AC |
| Price Per SF | $102.52 CAD | Rentable Building Area | 6,340 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Year Built | 1967 | |
| Zoning | C1 | ||
| Price | $650,000 CAD |
| Price Per SF | $102.52 CAD |
| Sale Type | Investment |
| Property Type | |
| Lot Size | 0.15 AC |
| Rentable Building Area | 6,340 SF |
| No. Stories | 3 |
| Year Built | 1967 |
| Zoning | C1 |
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Walk Score®
Very Walkable (71)
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RE/MAX 1st Choice Realty
5002 50 st
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