5025 1 Avenue, Edson - Business for Sale
5025 1 Avenue, Edson, Alberta, T7E1S9
This business in Edson is for sale offering roughly 19,654 sq ft of space. It has been on the market 83 days, fresher than the Edson average of 265 days.
Description
This multi-unit commercial building offers a unique investment opportunity in the heart of Edson’s Central Business District. Sitting on 1.34 acres (58,202 sq ft), the property features a 19,800 sq ft steel frame and metal clad building, divided into 5 rental units. Current tenants include a gym, small spa, a professional office and furniture store, with availability for two additional tenants, providing excellent growth potential and flexibility for future uses.Built in 1980, the building boasts pile and grade beam construction with concrete floors and a steel frame, ensuring durability and low maintenance.Additional features include concrete walkways spanning the building front, asphalt paving covering the remaining lot with ample customer parking, and a paved staff parking area at the rear. Ideally located just half a block west of Edson’s Main Street on 1st Avenue, this property offers excellent visibility and accessibility.This is a fantastic opportunity to secure well-located, income-producing property with strong existing tenants and room for expansion. (id:66096)
Property Details
- MLS®
- A2337184
- Property Type
- Business
- Zoning
- CBD
- Interior Size
- 19,654 ft²
- Lot Size
- 1.33 acres
- Building Area
- 19,654 ft²
- Year Built
- 1980
- Heating
- Natural gas
- Property Tax
- $28,814.39/yr
- Listed
- 83 days ago
Features
- Foundation
- Poured Concrete
- Exterior
- Concrete, Metal
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Natural Gas, Electricity, Telephone
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 83 days on market, against an average age of 265 days across the listings currently for sale in this city
This business in Edson has been listed for 83 days, which is 182 days fresher than the city average of 265. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$1,590,000
Edson