$579,900
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5016 50 Avenue, Sylvan Lake, AB T4S1P4

- Beds
0 Baths
4,197 Sq Ft

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)

  • 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

Sales & Tax History

Source: Public Records

Walkability in AB / T4S1P4

Source: Walkscore

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

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