Property Details
5023 3rd Avenue
Edson (A2283616)
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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.
Property details
- MLS® #
- A2283616
- Property Type:
- Commercial
- Subtype:
- Mixed Use
- Subdivision:
- NONE
- Price
- $995,000
- Sale/Lease:
- For Sale
- Size:
- 24,386 sq.ft.
- Year Built:
- 1974 (52 years old)
- Structure Type:
- Low Rise (2-4 stories)
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- none
- Nearest Town:
- Edson
- Lot Size:
- 1 acres
- Water:
- Public
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected, Natural Gas Connected, Fiber Optics Available, High Speed Internet Available, Sewer Connected, Water Connected
- Zoning:
- C-2 Service Commercial
- Exterior:
- Concrete
- Possession:
- Negotiable
- Days on Market:
- 81
Basic Info
Building Info
Acreage/Farm Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
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Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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