Otto Sellin
(780) 608-3820
Royal Lepage Rose Country Realty
780-672-8835
5017 51 Street
Camrose , Alberta T4V1N5
Camrose , Alberta T4V1N5
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5017 51 Street For Sale
$839,900
This exceptional retail property is ideally situated in the heart of downtown Camrose, Alberta—a vibrant community with a population of approximately 20,000 and a regional trading area of nearly 100,000. Currently operating as a fully-equipped restaurant and bar, the building is available as a turnkey solution for immediate occupancy or can be delivered vacant for redevelopment to suit a variety of uses. The property offers approximately 11,000 sq. ft. of versatile, usable space across two levels: a main floor with 14-foot ceilings and a lower level with 10-foot ceilings. It features a commercial-grade kitchen complete with an exhaust system, walk-in freezer, beverage dispensing system, fire suppression, and a stage outfitted with professional sound and lighting. Additional highlights include: two rooftop HVAC units, central air conditioning, updated electrical system with 3-phase power and 200-amp service, and modernized plumbing. This building presents a unique opportunity for investors, entrepreneurs, or organizations seeking a flexible downtown location. It is well-suited for a variety of potential uses including, but not limited to: restaurant or bar, fitness studio or martial arts gym, spa or wellness centre, professional offices (e.g. accounting, law, therapy), educational training centre, food bank, or emergency shelter and retail or multi-tenant commercial space. Offered significantly below appraised value, this property combines premium location, extensive infrastructure, and adaptable space—making it an outstanding investment opportunity in one of Alberta’s key regional hubs.
Transaction Type
For Sale
For Sale
Days On Market
22
22
Zoning
4
4
Subdivision
Downtown Camrose
Downtown Camrose
Building Type
Free-Standing,Mixed Use,Retail
Free-Standing,Mixed Use,Retail
Year Built
1961
1961
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
RN28
RN28
Building Area (Sq. Ft.)
5500.00
5500.00
Building Area (Sq. M.)
510.96
510.96
Lot Size (Sq. Ft.)
6000
6000
Lot Size (Acres)
0.14
0.14
Cooling
Central Air
Central Air
Heating
Forced Air,Natural Gas
Forced Air,Natural Gas
Inclusions
None
None
Restrictions
None Known
None Known
Reports
Appraisal,Environmental Phase 1
Appraisal,Environmental Phase 1