5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
5036 50 ST, Innisfail, AB T4G 1S7
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Viren Vijayashankar

Viren Vijayashankar

Bowhaven - Exp Realty of Canada

+1(587) 742-8877
$ 699,900
Est. payment | /mo

4,312 SqFt


Save
$ 699,900
Est. payment | /mo
Save

4,312 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,312 sqft

Price per Sqft $162

Subdivision Downtown Innisfail

MLS Listing ID A2322914

Year Built 1946

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Business

Property Description

This is an excellent opportunity to own a well-maintained,income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level,this property combines location,functionality,and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back,along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals,while the basement features a dance studio,providing steady rental income. Additional space in the building remains available to lease,both on the main floor and lower level,presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade,including updated plumbing to PEX,three furnaces (providing both air and heat),and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services,and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location,strong income potential,and extensive recent upgrades,this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!

Location

Province AB

County 0263

Zoning CB

Interior

Heating Floor Furnace, Natural Gas

Inclusions Back kitchen: dishwasher, counters and shelves. Larger kitchen: counters and sinks.

Fireplace No

Exterior

Roof Type Flat Torch Membrane

Garage No

Building

Dwelling Type Mixed Use

Foundation Poured Concrete

Others

Restrictions None Known

Listed by Royal LePage Network Realty Corp.
LOCATION AND OTHER NEARBY PROPERTIES

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5036 50 ST

REVIEWS

Shuvolaxmi Dutta

Highly recommend! An absolute pleasure to work with. We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision. He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way. What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind. Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation! Thank you again Viren!

Stallone Dias

We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish. Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind. His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property. I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.

Michael Rand

I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Viren Vijayashankar

Viren Vijayashankar

Agent | CON-00135400

+1(587) 742-8877

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