A2242696 - 5120 50 Avenue ,
Olds, Alberta T4H 1A5
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
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FOR SALE $899,900.00
SCHEDULE PRIVATE TOUR
We will work around your timelines. First choose the date below.
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 |
| Restrictions | None Known |
| DOM | 43 |
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
Sean Gillis - RE/MAX Grande Prairie
VirtualTour
Recent Customer Reviews
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
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
5/5.0
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
5/5.0
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...
Riley Arguin - Buy
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.
