Space
Finished area and layout
- Building Area
- 1,908 sqft
- Above Grade
- 1,908 sqft
- Finished Breakdown
- Above 1,908 sqft
1,908 sqft
Building Area
2,875 sqft
Lot
1963
Year Built
Property Snapshot
Key details for this listing
MLS #A2324688
Property
Type, style and structure
- Type
- other
- Style
- other / Mixed Use
- Year Built
- 1963
About This Property
This other in Provost offers 1,908 sqft of building area on a 2,875 sqft lot. Built in 1963. The property has lot dimensions of 2875.00. The home features forced air, natural gas, other heating, central air conditioning.
MLS Remarks
Mixed-Use Commercial Property in Provost, AlbertaThis older mixed-use commercial property offers a combination of retail, office, and residential space, with some renovations completed over the years.The front area is currently set up as a salon/barber shop or retail space, providing a functional commercial footprint for a small business or service-based tenant.The middle section of the building includes 3 private offices, a sitting area, and a washroom. Two of the offices are currently vacant, which may provide an opportunity for additional rental income if leased.At the rear of the building is a 1-bedroom, 1-bath residential suite with a kitchen, living room, and front/rear access. The suite adds another potential income source or flexible-use area within the property.Updates include a new roof in 2020, flooring updates in 2017, and kitchen and bathroom renovations in the residential suite completed around 2014/2015.Financial Performance — January 1 to June 30, 2026Based on the information provided, the property has generated the following year-to-date numbers:Gross rental income, 6 months: $8,340.00Operating expenses, taxes and utilities: $3,986.07Net operating income, 6 months: $4,353.93Annualized projected NOI: $8,707.86Located in Provost, Alberta, this property may be suitable for a buyer looking for an older mixed-use building with existing rental income, completed updates, and the potential to improve revenue through vacant office lease-up. (id:60351)
Full Listing Details
Address5116 50 Street
MLS#A2324688
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market119
Annual Tax$1,694 (2026)
Structure TypeCommercial Mix
StyleMixed Use
Year Built1963
Living Area1,908 sqft
Above Grade Area1,908 sqft
CityProvost
ProvinceAlberta
Postal CodeT0B3S0
SubdivisionProvost
Lot Size2,875 sqft
Lot Dimensions2875.00
Frontage7.62 meters
Zoning DetailsC1
HeatingForced air, Natural gas, Other
CoolingCentral air conditioning
FoundationPoured Concrete
Annual Tax$1,694 (2026)
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