$393,000
$468,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
4929 50 ST Camrose, AB T4V 1P9
2,999 Sqft Lot
Key Details
Sold Price $393,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Camrose
MLS® Listing ID A2130508
Sold Date 05/02/25
Originating Board Central Alberta
Year Built 1975
Annual Tax Amount $6,621
Tax Year 2024
Lot Size 2,999 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Property Description
Exceptionally maintained and renovated commercial building in the heart of downtown Camrose. A rare find to have such extensive renovations with the bonus of being concrete block wall construction on a solid foundation, the definition of "good bones". In 2012 the building saw upgraded mechanical, electrical, plumbing, walls, flooring, & ceilings. There have been additional improvements to the building over the years right up to 2024 including new lighting, exit lights, smoke detection, walls, roof maintenance, exterior painting and interior leasehold improvements. There are 4 high efficiency furnaces and air conditioning, 2 for each floor. The spaces are beautifully designed both elegant and practical. The Main floor is fully leased and includes open store space, rear storage & office, partial basement with additional storage, mechanical spaces, and washroom. The second floor is fully leased with open store/dining space currently set up with children's play area, games room/office, public washroom and partial kitchen. In addition to the store space at the front, there is a separated kitchen, full bath w/washer, large multi-purpose room and an additional bright space w/ windows in the back of the building currently being used as a bedroom. This is a great opportunity to acquire a fully leased building, with positive return, in the growing City of Camrose, and local hot spot for shopping on "Main Street."
Location
State AB
County Camrose
Zoning C1
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Roof Type Flat Torch Membrane
Total Parking Spaces 3
Building
Foundation Poured Concrete
Structure Type Concrete
Others
Restrictions None Known
Tax ID 83620325
Ownership Private
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