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5012 50 Avenue
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5012 50 Avenue $464,900
$464,900
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5012 50 Avenue
Lloydminster, Alberta T9V0W7

MLS® Number: A2162729

Listing Description

A place to live and a place to work... Introducing this downtown residential/commercial mixed-use building. So many different options available for either and investor or an owner operator. If you are working with a start up business and wish to leverage the capital you have at your disposal, then this might be the right fit for you-operate your business on the main level and live in one of the suites on the second level-better yet, live in one of the suites upstairs and rent out the other to help cover some of the overhead costs of ownership. If you are looking for economical lease space then this is the best option in the market-operate your business on the main floor and let the tenants upstairs pay part of the utilities and taxes for the whole building. This building has freshly renovated upstairs suites-each loft suite features 2 bedrooms, full kitchen/living room, laundry and full bathroom... these units need to be seen to be appreciated!! Combined leasable area on the main floor and open stairway basement totals 4509 square feet, and the combined square footage of the two suites on the second level measures 2889 square feet. Don't miss this opportunity-this is unique to the marketplace and wont last long! NOTE: Sellers report that average earnings for second floor suites have averaged $6000 per month as short term rentals. (29526880)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
Central Business District
Subdivision Name
Central Business District
Title
Freehold
Land Size
Unknown
Built in
1962
Annual Property Taxes
$5,383
Time on REALTOR.ca
208 days

Building

Building Features
Construction Material
Poured concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Other
Utilities
Utility-Hydro
Single Phase
Exterior Features
Exterior Finish
Concrete

Measurements

Square Footage
7398 sqft
Total Finished Area
7398 sqft
Exterior Building Size
7398 sqft

Land

Other Property Information
Zoning Description
C1
Data provided by: Pillar 9™
780-808-0620
Email
Book showing
MUSGRAVE AGENCIES
1202 - 50th Avenue
Lloydminster, Alberta T9V0Y1
780-875-9159
780-875-5958
Office Website
Lane Columbine