5023 3rd Avenue, Edson, Alberta, T7E 1X7

MLS® # A2283616

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Commercial For Sale In Edson, Alberta

$995,000

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5023 3rd Avenue, Edson, Alberta, T7E 1X7

$995,000

Property Information:

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors. (id:27)

Building Features:

Style: Mixed
Building Type: Commercial Mix
Construction Material: Poured concrete
Exterior Finish: Concrete
Floor Space: 24386 sqft
Total Finished Area: 24385.52 sqft

Property Features:

Property Type: Other
Built in: 1974
Communication Type: High Speed Internet
Features: Visual exposure
Floor Space (approx): 24386 Square Feet
Irregular: Yes
Lease Type: Gross
Lot Size: 59320.00 Square Feet
Road Type: Paved road
Utility Type: Hydro - Connected, Natural Gas - Connected, Sewer - Connected, Water - Connected
Zoning: C-2 Service Commercial
Sewer: Municipal sewage system