Space
Finished area and layout
- Building Area
- 6,340 sqft
- Above Grade
- 6,340 sqft
- Finished Breakdown
- Above 6,340 sqft
+45 more
6,340 sqft
Building Area
1967
Year Built
Property Snapshot
Key details for this listing
MLS #A2244776
Property
Type, style and structure
- Type
- commercial
- Style
- business / Business
- Year Built
- 1967
About This Property
This business in Stettler offers 6,340 sqft of building area. Built in 1967.
MLS Remarks
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 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 8.5% 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. (id:60351)
Full Listing Details
Address5002 50 Street
MLS#A2244776
Listing StatusActive
Property TypeCommercial
Sub-TypeBusiness
TransactionSale
Days on Market450
Annual Tax$5,208 (2025)
StyleBusiness
Year Built1967
Living Area6,340 sqft
Above Grade Area6,340 sqft
CityStettler
NeighbourhoodDowntown West
ProvinceAlberta
Postal CodeT4K1K9
SubdivisionDowntown West
Zoning DetailsC1
Annual Tax$5,208 (2025)
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