Commercial Leasing

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Courtesy of Kelly Baker of RE/MAX Platinum Realty

5121 50 Avenue
Cold Lake South Cold Lake T9M 1P4

$849,900
Office

Main Photo: 5121 50 Avenue: Cold Lake Office for sale or lease : MLS®# E4376481
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Status:
For Lease
Prop. Type:
Office
MLS® Num:
E4376481
Build. Type:
Office Building
This building is right on main street and has Panago Pizza as a long term tenant. The other side of the building is available and marketed for lease, with multiple office possibilities or potential retail sales, with plenty of street traffic. The available space for lease is over 4600 sqft., marketed at $14.00/sqft. and $3.00/sqft. common, and includes numerous office spaces, washrooms, staff rooms, conference/meeting rooms, plenty of storage, and can be built to suite for tenants, depending on the term of the lease. With the vacant offices rented, not including the Panago revenue, this property would generate an additional $78,000/year. This property has high revenue potential with the right tenants and already has a stable long term tenant to add appreciation to the property. This could be a very lucrative long term investment for the right buyer.
14
Lease Type:
Net
Lease Term:
36
Transaction Type:
For Sale or Lease
Property Type:
Office, Retail
Construction:
Concrete Block
Building Type:
Office Building, Street-Level Storefront
# Units:
0
Year built:
1980 (Age: 44)
Total Floor Area:
4,655 sq. ft.
Lot Area:
0 sq. ft.
Plan:
8442ET
Title to Land:
Freehold
LINC Number:
0024898744
Num. of Parcels:
1
Lse Op Costs SF:
3
Days On Website:
106 day(s)
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Data was last updated June 25, 2024 at 12:30 AM (UTC)
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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