403.244.5646





A2265377 - 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.



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ESSENTIAL
MLS®:A2265377
Price:899,900.00
Type:Commercial
Sub Type:Office
RestrictionsNone Known
DOM17
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: The Real Estate District


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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
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Real Estate Listings: 59
Highest Price: $3,900,000.00
Lowest Priced: $36,000.00
Average Price: $606,652.36
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FAQs about 5120 50 Avenue , Olds,
Alberta, T4H 1A5

5120 50 Avenue MLS® A2265377 has an approximate size of 0 Sq. Ft. located in Olds.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 5120 50 Avenue , MLS® A2265377.

This Commercial listings is priced at $899,900.

This property is located at 5120 50 Avenue , Olds, Alberta, T4H 1A5 in the Olds community on the market for 17 days. 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.