Listing Details

Property for Sale

Courtesy of Sam Raheel of MaxWell Polaris

Property For Sale In Sturgeon

Property for Sale, MLS® # 44989738

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

Contact Larry Ipsum About MLS® 44989738

Required Field

Larry Ipsum, 780-425-6270 at Redman Tech Commercial Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3

property information

  • MLS®#: 44989738
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Community Information

  • City: Sturgeon
  • Postal Code: T0G 0B1
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$399,000

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