Terry Chesla
(403) 742-7626
RE/MAX 1st Choice Realty
403-742-6747
5002 50 Street
Stettler , Alberta T4K 1K9
Stettler , Alberta T4K 1K9
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5002 50 Street For Sale
$650,000
Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler’s Main Street—this 6,340 sq. ft. commercial building offers an outstanding investment opportunity. The property is fully rented and demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50,782, this property boasts a strong 7.8% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community. The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler’s Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal. This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta’s key service centers.
Transaction Type
For Sale
For Sale
Days On Market
1
1
Zoning
C1
C1
Subdivision
Downtown West
Downtown West
Year Built
1967
1967
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Business
Business
Legal Plan
RN54
RN54
Building Area (Sq. Ft.)
6340.00
6340.00
Building Area (Sq. M.)
589.00
589.00
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
None
None