Olds, AB T4H1A5 5120 50 Avenue

5120 50 Avenue Olds, AB - Image 15120 50 Avenue Olds, AB - Image 25120 50 Avenue Olds, AB - Image 3
34 more
5120 50 Avenue Olds, AB - Image 45120 50 Avenue Olds, AB - Image 55120 50 Avenue Olds, AB - Image 65120 50 Avenue Olds, AB - Image 75120 50 Avenue Olds, AB - Image 85120 50 Avenue Olds, AB - Image 95120 50 Avenue Olds, AB - Image 105120 50 Avenue Olds, AB - Image 115120 50 Avenue Olds, AB - Image 125120 50 Avenue Olds, AB - Image 135120 50 Avenue Olds, AB - Image 145120 50 Avenue Olds, AB - Image 155120 50 Avenue Olds, AB - Image 165120 50 Avenue Olds, AB - Image 175120 50 Avenue Olds, AB - Image 185120 50 Avenue Olds, AB - Image 195120 50 Avenue Olds, AB - Image 205120 50 Avenue Olds, AB - Image 215120 50 Avenue Olds, AB - Image 225120 50 Avenue Olds, AB - Image 235120 50 Avenue Olds, AB - Image 245120 50 Avenue Olds, AB - Image 255120 50 Avenue Olds, AB - Image 265120 50 Avenue Olds, AB - Image 275120 50 Avenue Olds, AB - Image 285120 50 Avenue Olds, AB - Image 295120 50 Avenue Olds, AB - Image 305120 50 Avenue Olds, AB - Image 315120 50 Avenue Olds, AB - Image 325120 50 Avenue Olds, AB - Image 335120 50 Avenue Olds, AB - Image 345120 50 Avenue Olds, AB - Image 355120 50 Avenue Olds, AB - Image 365120 50 Avenue Olds, AB - Image 375120 50 Avenue Olds, AB - Image 38
Presented By: RE/MAX House of Real Estate
  • MLS# A2242696
  • 08/05/2025
  • Request Tour
  • Request Info
  • SQFT • 2,537

Home Details

Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with two newer forced-air furnaces and central air conditioning.Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential. (id:7434)
Presented By: RE/MAX House of Real Estate

Interior Features for 5120 50 Avenue

Bedrooms

Bedrooms

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeCentral heating, Forced air
Living Area Range2537

General for 5120 50 Avenue

Building Cooling TypeCentral air conditioning
Building TypeOffices
FeaturesBack lane, Level
Foundation TypePoured Concrete
Property TypeBusiness
Road TypePaved road
Zoning DescriptionC1

Exterior for 5120 50 Avenue

Exterior FinishBrick
SewerMunicipal sewage system

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $899,900
MLS#A2242696
List Date 08/05/2025
Property Type Business Op
Phone 403.608.2191
Request Tour
Request Info
Visit My Website

Similar Properties to 5120 50 Avenue