5002 50 ST, Stettler, AB T4K 1K9
5002 50 ST, Stettler, AB T4K 1K9
5002 50 ST, Stettler, AB T4K 1K9
5002 50 ST, Stettler, AB T4K 1K9
5002 50 ST, Stettler, AB T4K 1K9
5002 50 ST, Stettler, AB T4K 1K9
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Key Details

Sold Price -

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown West

MLS® Listing ID A2244776

Sold Date -

Year Built 1967

Annual Tax Amount $5,208

Tax Year 2025

Property Sub-Type Business

Source Central Alberta

Property Description

Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler's Main Street—this 6,340 sq. ft. commercial building offers an outstanding investment opportunity. The property is demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50,782, this property boasts a strong 8.5% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community. The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler's Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal. This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta's key service centers.

Location

Province AB

County Stettler No. 6, County Of

Zoning C1

Others

Restrictions None Known

Tax ID 56616280

Ownership Private

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Listed by RE/MAX 1st Choice Realty
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