This property presents an exceptional investment opportunity with a long-term tenant who has just signed a new 5-year lease. Located at 5016 50 Ave in the heart of Sylvan Lakes vibrant downtown, this 4, 197 sq ft mixed-use commercial space offers prime visibility and high foot traffic, especially during the busy summer season. The property features a welcoming reception area, a spacious sitting room, a private office, a versatile shop space, and a lunchroom. With three bathrooms and four bay doors, its perfectly equipped for a wide range of business uses. The tenant has been in place long-term and continues on a escalading Triple Net Lease , offering a solid 8.55% CAP Rate on 5 year average .For environmental disclosure and more information, please contact the listing agent. (id:55598)
- AB
- Sylvan Lake
- T4S1P4
- 5016 50 Avenue
- MLS® A2125902
- Date Listed04/29/2024
- Days on Realty 194 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision Downtown
- Year Built 1980
- Square Feet 4,197 sq. ft
- Price Per Sq. Ft $138.17
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 9
32.19 km
Distance
Our Lady of the Rosary Catholic School
Public • 7 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
C. P. Blakely Elementary School
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
1527 Township Road 394 | 4 | 5 | Nov 06, 2024 | $3,399,000 |
4706 50 Avenue | 2 | 1 | Nov 02, 2024 | $650,000 |
4624 48 Street | 2 | 1 | Oct 16, 2024 | $249,900 |
3911 50 Avenue | 4 | 3 | Oct 21, 2024 | $529,900 |
39504 Range Road 282 | 5 | 5 | Nov 02, 2024 | $1,275,000 |
4635 49 Street | 2 | 1 | Oct 09, 2024 | $255,000 |
4635 49 Street | 2 | 1 | Oct 10, 2024 | $255,000 |
32 Fern Glade Crescent | 5 | 3 | Oct 31, 2024 | $495,000 |
32 Fern Glade Crescent | 5 | 3 | Nov 01, 2024 | $495,000 |
40 28161 Highway 596 | 3 | 3 | Oct 19, 2024 | $998,000 |
72/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
44/100
Bikable
Bike Score ®
Overview
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 30/100.
Points of interest near 5016 50 Avenue, Sylvan Lake, AB T4S1P4
77 m
Distance
108 m
Distance
China Diner, Sylvan Lake, AB, Canada
Food • Retail • Nightlife
122 m
Distance
Main Street Eatery, Sylvan Lake, AB, Canada
Food • Retail Nightlife
165 m
Distance
166 m
Distance
176 m
Distance
195 m
Distance
207 m
Distance
Lakeshore Cafe, Sylvan Lake, AB, Canada
Food Retail
224 m
Distance
231 m
Distance
Papa John's, Sylvan Lake, AB, Canada
Food • Retail
236 m
Distance
Freshii, Sylvan Lake, AB, Canada
Food • Retail Nightlife
244 m
Distance
China Diner, Sylvan Lake, AB, Canada
Food • Retail • Nightlife
122 m
Distance
Main Street Eatery, Sylvan Lake, AB, Canada
Food • Retail Nightlife
165 m
Distance
Lakeshore Cafe, Sylvan Lake, AB, Canada
Food Retail
224 m
Distance
Papa John's, Sylvan Lake, AB, Canada
Food • Retail
236 m
Distance
Freshii, Sylvan Lake, AB, Canada
Food • Retail Nightlife
244 m
Distance
China Diner, Sylvan Lake, AB, Canada
Food • Retail • Nightlife
122 m
Distance
Main Street Eatery, Sylvan Lake, AB, Canada
Food • Retail Nightlife
165 m
Distance
234 m
Distance
Freshii, Sylvan Lake, AB, Canada
Food • Retail Nightlife
244 m
Distance
Finance Professional
98 m
Distance
Finance Professional
98 m
Distance
107 m
Distance
137 m
Distance
Royal Canadian Legion Hall, Sylvan Lake, AB, Canada
Education Entertainment
194 m
Distance
Royal Canadian Legion Hall, Sylvan Lake, AB, Canada
Education Entertainment
194 m
Distance
221 m
Distance
290 m
Distance
284 m
Distance
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Frequently Asked Questions for 5016 50 Avenue
Source: Realty.com
5016 50 Avenue, Sylvan Lake, AB T4S1P4 is a Mixed Use, Other property listed for $579,900 The property is 4197 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 33 photos of 5016 50 Avenue.
Our records indicate that 5016 50 Avenue was built in 1980.
The full address for this home is 5016 50 Avenue, Sylvan Lake, AB T4S1P4.
5016 50 Avenue has been listed on Realty.com since Mon April 29, 2024
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 30/100.
Listing provided courtesy of:
eXp Realty
(tel: (403) 262-7653)
Listing agent:
Kevin Lapp
(tel: (587) 507-3958)
This content last refreshed on 2024-11-09 06:10:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 5016 50 Avenue, Sylvan Lake, AB T4S1P4 : MLS® A2125902