$399,000
4727 50 Ave, Legal, AB T0G 1L0
Legal · Alberta · T0G0B1
Property photographs
About this property
Well-positioned mixed-use commercial investment property in the heart of the Town of Legal, Alberta, located along 50 Avenue with strong main-street exposure approximately 45 minutes north of Edmonton. The two-storey wood-frame building (approx. 3,853 sq ft) sits on an approx. 8,560 sq ft lot with approx. 57 ft of frontage and offers a stable, diversified income mix across four tenancies — including an anchor restaurant tenant on a multi-year net lease secured by personal guarantees, additional main-floor commercial spaces, and two upper-floor two-bedroom residential suites. The building benefits from recent capital improvements, including a high-efficiency IBC condensing boiler (2020) and Bradford & White domestic hot water tank (2018) serving a zoned hydronic radiant baseboard heating system throughout. Additional features include 200-amp main electrical service, municipal water and sewer servicing, copper water distribution, brick veneer and vinyl exterior cladding, and on-site surface parking. Suited to investors seeking a turn-key, fully tenanted asset in a stable rural Alberta community within commuting distance of the Edmonton Metropolitan Region. Property offered on an as-is, where-is basis. Rent roll, lease copies, recent third-party commercial property inspection reports, and financial information available to qualified buyers and their representatives upon execution of a Non-Disclosure Agreement. Buyer is required to conduct independent due diligence. All measurements and information approximate and to be verified by the buyer. (id:65883)
Location
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Property summary
- MLS® number
- 44989738
- Listing status
- Active
- Listing price
- $399,000
- Listed on
- 2026-06-01
- Last updated
- 2026-10-27
- Property type
- Retail
- City
- Legal
- Floor area
- 3853 square feet
- Lot size
- 8537.76 square feet
- Listing brokerage
- MaxWell Polaris
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 MaxWell Polaris. Information is believed reliable but should be independently verified. Measurements and availability may change.
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4727 50 Ave, Legal, AB T0G 1L0 · MLS® 44989738
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4727 50 Ave, Legal, AB T0G 1L0 · MLS® 44989738