5012 50 Avenue, Lloydminster, Alberta

$464,900

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About 5012 50 Avenue

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.

Features of 5012 50 Avenue

MLS® # A2162729
Price $464,900
Bathrooms 0.00
Acres 0.00
Year Built 1962
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 5012 50 Avenue
Subdivision Central Business District
City Lloydminster
County Lloydminster
Province Alberta
Postal Code T9V 0W7

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Floor Furnace
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Construction Concrete

Additional Information

Date Listed September 4th, 2024
Days on Market 74
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMUSGRAVE AGENCIES

Listing Map