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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

Last check for updates

Virtual tour

Basement information

None

Building size

4197.04

Status

In-Active

Property sub type

Maintenance fee

$0

Year built

--

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Walk around the neighborhood
5016 50 Avenue, Sylvan Lake, Alberta, T4S1P4
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 5016 50 Avenue

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