5023 3rd Avenue, Edson Edson, Alberta, T7E1X7

Listing Price
$995,000
commercial
0 beds
0 baths
24386 sqft
Property Details
Property Type
commercial
Year Built
1974
Lot Size
59320 square feet
Lot Dimensions
59320.00
Construction
Poured concrete
Annual Taxes
$11,344.73 (2025)
MLS Number
A2283616
Listed Date
Feb 6, 2026
Days on Market
76
Zoning Description
C-2 Service Commercial
Parcel Number
0013310256
Description
This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors. (id:63190)
Features & Amenities
Exterior
Concrete
Lot
Visual exposure
Utilities & Infrastructure
Utilities
Water, Sewer, Natural Gas, Electricity
Water Source
Municipal water
Sewer
Municipal sewage system
Road Surface
Paved road
Location
5023 3rd Avenue, Edson, Alberta, T7E1X7
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Estimated Monthly Payment
$0
Principal & interest on a $0 mortgage at 5.25% for 25 years
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