
List Price: $579,900
5016 50 Avenue, Sylvan Lake , Alberta, T4S1P4
- By eXp Realty
Mixed Use|MLS - #|Active
Bed
Bath
4197.04 Sqft.
Client Remarks
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 Lake’s 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, it’s 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.
Property Description
5016 50 Avenue, Sylvan Lake, Alberta, T4S1P4
Property type
Mixed Use
Lot size
N/A acres
Style
N/A
Approx. Area
4197.04 Sqft
Home Overview
Basement information
None
Building size
4197.04
Status
In-Active
Property sub type
Maintenance fee
$0
Year built
--

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5016 50 Avenue, Sylvan Lake, Alberta, T4S1P4Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 5016 50 Avenue

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