Misty Gaudet
(780) 523-0186
Grassroots Realty Group - High Prairie
780-523-0186
5114 49th Street
High Prairie , Alberta T0G 1E0
High Prairie , Alberta T0G 1E0
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5114 49th Street For Sale
$1,000,000
This mixed-use commercial and residential property offers a prime investment opportunity with its versatile layout and recent upgrades. The main floor spans 5284 sq ft and houses a diverse mix of tenants, including a dental clinic, promo store, real estate office, and Purolator outlet, providing stable rental income. Additional potential exists to expand rentals or utilize the walk-in cooler for food-related or flower-related businesses. Upstairs, the 5824 sq ft space features five fully furnished apartments, a large common area, and storage rooms, catering to tenants seeking convenience.. The entire building has been thoroughly renovated, with key upgrades including a new roof, HVAC system (natural gas furnace and air conditioning), hot water system, and enhanced security features such as cameras, blinds, and an alarm system. With its blend of reliable tenants, modern infrastructure, and income-generating potential, this property is well-suited for investors looking for a low-maintenance, cash-flowing asset or business owners interested in a live-work setup.
Transaction Type
For Sale
For Sale
Days On Market
7
7
Zoning
Downtown Commercial C1
Downtown Commercial C1
Subdivision
NONE
NONE
Year Built
1955
1955
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
2998BF
2998BF
Building Area (Sq. Ft.)
10568.00
10568.00
Building Area (Sq. M.)
981.79
981.79
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
None
None