$359,900
5516 53 Avenue
Drayton Valley · Alberta · T7A1C5
Property photographs
About this property
Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:65883)
Location
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Property summary
- MLS® number
- 43688954
- Listing status
- Active
- Listing price
- $359,900
- Listed on
- 2025-12-22
- Last updated
- 2026-10-19
- Property type
- Industrial
- City
- Drayton Valley
- Floor area
- 4800 square feet
- Lot size
- 0
- Year built
- 1978
- Listing brokerage
- Century 21 Hi-Point Realty Ltd
Condo & HOA / association fees
- HOA / association fee
- Not provided in the listing feed
- Payment frequency
- Not provided in the listing feed
- Reported fee includes
- Coverage not provided in the listing feed
Heating & cooling
- Fireplace
- No
Source: MLS® listing via REALTOR.ca DDF®. Listed by Century 21 Hi-Point Realty Ltd. Information is believed reliable but should be independently verified. Measurements and availability may change.
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5516 53 Avenue · MLS® 43688954
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5516 53 Avenue · MLS® 43688954