Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
FR

Your personal VOWS Listing Portal is provided by Royal LePage Real Estate Services, Brokerage

  • Advertising

5120 50 Avenue, Olds, AB, T4H 1A5

MLS® # A2265377
Commercial For Sale In Olds, Alberta
$899,900

None Beds

5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
Virtual Tour
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
5120 50 Avenue, Olds, AB
  • Advertising

MULTIMEDIA

5120 50 Avenue, Olds, AB, T4H 1A5
$899,900

Property Information:

Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2703 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with three forced-air furnaces and central air conditioning that have been regularly maintained.Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential. Solid tenant already in place with a long lease, and positive cash flow.

Inclusions: All attached furniture, window coverings

Property Features:

  • Built in: 1977
  • Business Type: Health Services, Professional Service, Professional/Office
  • Construction Materials: Brick, Masonite
  • Cooling: Central Air
  • Floor Space (approx): 2703.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Central, Forced Air, Natural Gas
  • Property Access: Back Alley Access, Front and Rear Drive access, Major Shopping Nearby, Paved Road, Public
  • Roof: Flat, Tar/Gravel
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Zoning: C1
  • Sewer: Public Sewer

Courtesy of: The Real Estate District

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

More Detail
Less Detail

Market Price Trends

Single family detached

12.12%

Price change (1 year)

61.62%

Price change (5 years)

All Properties

11.83%

Price change (1 year)

61.16%

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 5120 50 Avenue, Olds, AB, T4H 1A5

Demographic Information of 5120 50 Avenue, Olds, AB, T4H 1A5

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,443.03

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.36 %

High school certificate or equivalent

29.79 %

Apprenticeship trade certificate/diploma

10.41 %

College/non-university certificate

21.84 %

University certificate (below bachelor)

0.91 %

University Degree

10.69 %

Commuter

Travel To Work

By Car

80.78 %

By Public Transit

0.0 %

By Walking

10.52 %

By Bicycle

0.0 %

By Other Methods

8.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.33 %

Houses

70.67 %

Own Vs. Rent

More Detail
Less Detail
Back to top