Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
8,538 sqft
Lot
Property Snapshot
Key details for this listing
MLS #44989738
Lot
Land, frontage and setting
- Lot
- 8,538 sqft - 8537.76
Costs
Price, taxes and monthly charges
- List Price
- $399,000
- Days on Market
- 147
About This Property
This retail in Legal offers a 8,538 sqft lot. The property has lot dimensions of 8537.76.
MLS Remarks
Well-positioned mixed-use commercial investment property in the heart of the Town of Legal, Alberta, located along 50 Avenue with strong main-street exposure approximately 45 minutes north of Edmonton. The two-storey wood-frame building (approx. 3,853 sq ft) sits on an approx. 8,560 sq ft lot with approx. 57 ft of frontage and offers a stable, diversified income mix across four tenancies — including an anchor restaurant tenant on a multi-year net lease secured by personal guarantees, additional main-floor commercial spaces, and two upper-floor two-bedroom residential suites. The building benefits from recent capital improvements, including a high-efficiency IBC condensing boiler (2020) and Bradford & White domestic hot water tank (2018) serving a zoned hydronic radiant baseboard heating system throughout. Additional features include 200-amp main electrical service, municipal water and sewer servicing, copper water distribution, brick veneer and vinyl exterior cladding, and on-site surface parking. Suited to investors seeking a turn-key, fully tenanted asset in a stable rural Alberta community within commuting distance of the Edmonton Metropolitan Region. Property offered on an as-is, where-is basis. Rent roll, lease copies, recent third-party commercial property inspection reports, and financial information available to qualified buyers and their representatives upon execution of a Non-Disclosure Agreement. Buyer is required to conduct independent due diligence. All measurements and information approximate and to be verified by the buyer. (id:60351)
Full Listing Details
Address4727 50 Ave, Legal, AB T0G 1L0
MLS#44989738
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
Days on Market147
StyleRetail
Living Area3,853 sqft
CityLegal
ProvinceAlberta
Postal CodeT0G0B1
Lot Size8,538 sqft
Lot Dimensions8537.76
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