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A2242696 - 5120 50 Avenue , Olds, Alberta T4H 1A5




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Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.
Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with two newer forced-air furnaces and central air conditioning.
Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential.



DOWNLOAD Feature sheet

ESSENTIAL
MLS®:A2242696
Price:899,900.00
Type:Commercial
Sub Type:Office
RestrictionsNone Known
DOM42
INTERIOR SNAPSHOT   
Sq Ft:2,537
Heating:Central, Forced Air, Natural Gas


COMMUNITY DETAILS
Address:5120 50 Avenue , Olds, Alberta T4H 1A5
City:Olds
County:Mountain View County
Province:Alberta
Postal Code:T4H 1A5
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1977
Structure Type:Office
Foundation:Poured Concrete
Roof:Flat Torch Membrane,Flat,Tar/Gravel
Sewer:Public Sewer
Water Source:Public
Zoning:C1
Construction:Brick, Masonite
ROOM DIMENSIONS


Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Fiber Optics Available, Phone Connected, Sewer Connected, Water Connected
Inclusions: All attached furniture, window coverings
Lot Features: Back Lane, City Lot, Corner Lot, Level, Paved, Street Lighting



Courtesy: RE/MAX House of Real Estate








Sean Gillis - RE/MAX Grande Prairie

A2242696 5120 50 Avenue
Agent reviews Cell: 780.897.3520
(89 Reviews) full starfull starfull starfull starfull star
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Recent Customer Reviews
full starfull starfull starfull starfull star
It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

full starfull starfull starfull starfull star
Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Olds Housing Trends


Real Estate Listings: 64
Highest Price: $3,900,000.00
Lowest Priced: $117,700.00
Average Price: $601,381.06
Land: 9
September 16th 11:40pm

Agent reviews Cell: 780.897.3520

(89 Reviews)
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FAQs about 5120 50 Avenue , Olds, Alberta, T4H 1A5

5120 50 Avenue MLS® A2242696 has an approximate size of 0 Sq. Ft. located in Olds.

Nearby secondary schools include Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 5120 50 Avenue , MLS® A2242696.

This Commercial is priced at $899,900.

This property is located at 5120 50 Avenue , Olds, Alberta, T4H 1A5 in the Olds community. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Olds community resources page.