$650,000 |
Downtown West
Stettler
Business for Sale at 5002 50 Street Stettler
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 fully rented and 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 7.8% 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.
Financial and Mortgage
| List Price |
$650,000
|
| Original Price |
$650,000
|
| Monthly Payment |
$2,710/month
Get Prequalified
|
| Days on Market |
87
|
5002 50 Street Details
Show Less
Construction and Lot
| Year Built |
1967
|
| Bathrooms |
0.00
|
| Has Basement |
No
|
Exterior of 5002 50 Street
| Lot Size Square Feet |
0.00
|
| Type |
Commercial
|
| Sub-Type |
Business
|
Measurements
| Lot Size Square Feet |
0.00
|
Downtown West Information
About Downtown West in Stettler
| Address |
5002 50 Street
|
| Subdivision |
Downtown West
|
| City |
Stettler
|
| County |
Stettler No. 6, County of
|
| Province |
Alberta
|
| Postal Code |
T4K 1K9
|
| Office/Brokerage |
RE/MAX 1st Choice Realty
|
Downtown West Map, Demographics, Characteristics
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