Exceptionally maintained and renovated commercial building in the heart of downtown Camrose. A rare find to have such extensive renovations with the bonus of being concrete block wall construction on a solid foundation, the definition of "good bones". In 2012 the building saw upgraded mechanical, electrical, plumbing, walls, flooring, & ceilings. There have been additional improvements to the building over the years right up to 2024 including new lighting, exit lights, smoke detection, walls, roof maintenance, exterior painting and interior leasehold improvements. There are 4 high efficiency furnaces and air conditioning, 2 for each floor. The spaces are beautifully designed both elegant and practical. The Main floor is fully leased and includes open store space, rear storage & office, partial basement with additional storage, mechanical spaces, and washroom. The second floor is fully leased with open store/dining space currently set up with children's play area, games room/office, public washroom and partial kitchen. In addition to the store space at the front, there is a separated kitchen, full bath w/washer, large multi-purpose room and an additional bright space w/ windows in the back of the building currently being used as a bedroom. This is a great opportunity to acquire a fully leased building, with positive return, in the growing City of Camrose, and local hot spot for shopping on "Main Street."
Address
4929 50 Street
List Price
$468,000
Property Type
Commercial
Type of Dwelling
Mixed Use
Area
Camrose
Sub-Area
Downtown Camrose
Lot Size
2999 Sq. Ft.
Year Built
1975
MLS® Number
A2130508
Listing Brokerage
Coldwell Banker Battle River Realty
Postal Code
T4V 1P9
Zoning
C1