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Courtesy of Zafar Malik of Homes & Gardens Real Estate Limited
5223 50 Street, Tofield in Tofield
This is a Multi-Family Commercial Listing.
Work with an experienced agent who knows ~the Tofield area~ View This Property
5223 50 Street, Tofield in Tofield
"Fully Rented with 10% plus Cap Rate"Mix use Retail / 5 Commercial bays on main floor and 5 Residential suites on second floor. All 5 Commercial on Main Floor and all 5 Residential units on second floor are leased.Approximately 6400 Sq ft on both floors. All units have their own separate meters .Very good investment property with 10% plus Cap rate and long time tenants. Very close to Edmonton approximately 40 minutes & Sherwood Park AB approximately 20 minutes . Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020.
$599,000 - MLS® #E4383909
5223 50 Street, Tofield, AB
Essential Information
- MLS® #E4383909
- Price$599,000
- Price per Sqft94
- Price Per SqFt$94
- Square Footage6,400
- Acres0.00
- Year Built1972
- TypeMulti-Family Commercial
- Days on Website9
Interior
- # of Stories2
Community Information
- Address5223 50 Street
- AreaBeaver
- SubdivisionTofield
- CityTofield
- Postal CodeT0B 4J0
Exterior
- ConstructionWood Frame
Listing information last updated on May 5th, 2024 at 6:45am MDT.