5023 3rd Avenue Edson, Alberta T7E 1X7
$995,000
This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors. (id:62617)
Property Details
| MLS® Number | A2283616 |
| Property Type | Other |
| Communication Type | High Speed Internet, Fiber |
| Features | Visual Exposure |
| Plan | 1494ac |
| Road Type | Paved Road |
Building
| Constructed Date | 1974 |
| Construction Material | Poured Concrete |
| Exterior Finish | Concrete |
| Size Exterior | 24385.52 Sqft |
| Size Interior | 24,386 Ft2 |
| Total Finished Area | 24385.52 Sqft |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 59320.00 |
| Size Total | 59320 Sqft|1 - 1.99 Acres |
| Size Total Text | 59320 Sqft|1 - 1.99 Acres |
| Zoning Description | C-2 Service Commercial |
Utilities
| Electricity | Connected |
| Natural Gas | Connected |
| Sewer | Connected |
| Water | Connected |
https://www.realtor.ca/real-estate/29334048/5023-3rd-avenue-edson
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April 01 2026 02:50:50
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