Courtesy Of Kelly Baker Of RE/MAX Platinum Realty

5121 50 Av, Cold Lake, AB

$849,900

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4,655

Square feet

About 5121 50 Av

This building is right on main street and has Panago Pizza as a long term tenant. The other side of the building is available and marketed for lease, with multiple office possibilities or potential retail sales, with plenty of street traffic. The available space for lease is over 4600 sqft., marketed at $14.00/sqft. and $3.00/sqft. common, and includes numerous office spaces, washrooms, staff rooms, conference/meeting rooms, plenty of storage, and can be built to suite for tenants, depending on the term of the lease. With the vacant offices rented, not including the Panago revenue, this property would generate an additional $78,000/year. This property has high revenue potential with the right tenants and already has a stable long term tenant to add appreciation to the property. This could be a very lucrative long term investment for the right buyer.

Features of 5121 50 Av

MLS® # E4376481
Price $849,900
Square Footage 4,655
Acres 0.00
Year Built 1980
Type Office

Community Information

Address 5121 50 Av
Area Cold Lake
Subdivision Cold Lake South
City Cold Lake
Province AB
Postal Code T9M 1P4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Concrete Block

Additional Information

Date Listed March 11th, 2024
Zoning commercial
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Kelly Baker Of RE/MAX Platinum Realty

Listing Map