4605 50 St, Spirit River, AB

Name: 4605 50 St, For Sale in Spirit River - Zoocasa
Brand: eXp Realty
SKU: A2337357
Price: 259900 CAD

House

For Sale

Listed price in listed location currency (CAD).

$259,900

000

MLS® A2337357

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 5

Lot Size

Approx. Age 1966

MLS® Number A2337357

Property Address: 4605 50 St, Spirit River, AB, T0H3G0

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Mixed-Use Investment on Main Street, Spirit River A rare opportunity to own a leased, income-producing building right on Spirit River's Main Street. This 4, 800 sq ft mixed-use property blends stable commercial tenancy with residential upside — ideal for an investor looking for immediate cash flow and room to grow. The main floor is anchored by long-term commercial tenants, including an insurance office and Alberta registries services, Downstairs lease renewed for 3 years in March 1, 2025 . In 2028 they have 2 more 3 year options to extend lease A top-floor suite is leased to a business tenant on a one-year term, adding further stability to your income stream. Upstairs, two one-bedroom residential suites are available — including an upgraded owner's suite — offering flexibility to owner-occupy, add a resident manager, or lease both units for additional revenue. Recent capital improvements give this building a head start on maintenance costs: new roof, furnaces, hot water tank, exterior paint, and full renovations to apartments 2 and 3. Construction is solid brick with a poured concrete foundation. The numbers work now — the property shows strong positive cash flow at just 65% occupancy. Call your favorite Commercial Realtor® to take a look at this great opportunity!

MLS® NumberA2337357

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1966

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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