$464,900
5012 50 AVE Lloydminster, AB T9V 0W7
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$464,900
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5012 50 AVE Lloydminster, AB T9V 0W7
UPDATED:
09/10/2024 08:25 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Central Business District
MLS® Listing ID A2162729
Originating Board Lloydminster
Year Built 1962
Annual Tax Amount $5,383
Tax Year 2023
Property 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.
Location
Province AB
County Lloydminster
Zoning C1
Interior
Heating Floor Furnace
Cooling Central Air
Building
Structure Type Concrete
Others
Restrictions None Known
Tax ID 56792435
Ownership Other
Listed by MUSGRAVE AGENCIES
