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$695,000
Est. payment /mo
Price Dropped by $4K
4817 50 ST Stettler, AB T0C 2L0
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Downtown East
MLS® Listing ID A2236885
Year Built 1988
Annual Tax Amount $8,701
Tax Year 2025
Property Sub-Type Retail
Source Central Alberta
Property Description
Step into opportunity with this stunning, 3720 sq ft commercial building which offers an immediate income stream through its current tenant. This tenant is a well-established business and is interested in continuing occupancy (cap rate of 7%)--ideal for investors seeking a turn-key asset. Strategically located, this newer building sits on the bustling main street of Stettler, in a vibrant, high-traffic area surrounded by boutiques, cafés, and professional offices. The building perfectly blends modern design with lasting functionality, boasting eye-catching architecture and beautiful finishes. Masterfully built, this property has natural light, high ceilings, air conditioning, excellent street frontage, and a sleek facade make it as inviting as it is efficient. The building has two offices, a huge storage room, kitchen with modern cabinets and sink, and bathroom. Whether you're expanding your portfolio or securing a long-term income-producing property, this is a rare chance to own premium real estate with a quality retail tenant in place.
Location
State AB
County Stettler No. 6, County Of
Zoning C1
Interior
Inclusions built in vacuum
Others
Restrictions None Known
Tax ID 56616387
Ownership Private
Listed by RE/MAX 1st Choice Realty