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4808-50th ave, Bonnyville Town, Alberta, T9N 2J5

MLS® # 44664356
Commercial For Sale In Bonnyville Town, Alberta
$700,000

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4808-50th ave, Bonnyville Town, Alberta, T9N 2J5
$700,000

Property Information:

An exceptional investment opportunity is available in the heart of Bonnyville, Alberta. Strategically located at 4808–50th Avenue, this approximately 5,000 square foot specialty office property is currently tenanted and utilized for professional counseling services. The property is secured by a stable lease in place through 2028, with an option to renew, providing consistent and predictable income. The investment generates a net monthly income of $6,700, plus applicable GST, offering an attractive and reliable return. This well-appointed and centrally located asset is ideally suited to support client-focused services, contributing to tenant retention and long-term occupancy stability. Opportunities of this caliber in Bonnyville’s downtown core are limited. This property represents a compelling addition to any investment portfolio, delivering both immediate income and future growth potential. (id:7525)

Property Features:

  • Property Type: Office
  • Built in: 1978
  • Irregular: Yes
  • Lot Size: 7274.52 Square Feet
  • No. of Parking Spaces: 8

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Market Price Trends

Single family detached

-3.05%

Price change (1 year)

-13.3%

Price change (5 years)

All Properties

-3.05%

Price change (1 year)

-13.3%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4808-50th ave, Bonnyville Town, Alberta, T9N 2J5

Demographic Information of 4808-50th ave, Bonnyville Town, Alberta, T9N 2J5

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$94,341.11

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.12 %

High school certificate or equivalent

25.47 %

Apprenticeship trade certificate/diploma

10.63 %

College/non-university certificate

22.05 %

University certificate (below bachelor)

2.84 %

University Degree

9.88 %

Commuter

Travel To Work

By Car

88.96 %

By Public Transit

0.0 %

By Walking

9.41 %

By Bicycle

0.0 %

By Other Methods

1.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.22 %

Houses

80.78 %

Own Vs. Rent

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