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Charming Retail Unit in Olds Alberta 4912 54 Av 2,500 SF Retail Building Olds, AB T4H 1H5 $163,946 USD ($65.58 USD/SF) 7.70% Cap Rate
Investment Highlights
- High Foot Traffic
- Attractive Downtown Street
- Tenant in-place with an interest in long-term
Executive Summary
Charming retail unit located in the heart of Olds, Alberta. Currently home to a well-established local business, this versatile space offers excellent visibility, steady foot traffic, and strong community presence. A great opportunity for entrepreneurs or investors looking to secure a prime retail location in a vibrant and growing market.
There are some foundational cracks in the back room that need to be addressed, seller is selling as is, where is. Tenant would like to stay long term.
There are some foundational cracks in the back room that need to be addressed, seller is selling as is, where is. Tenant would like to stay long term.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
1920
Price
$163,946 USD
Price Per SF
$65.58 USD
Cap Rate
7.70%
NOI
$12,618 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.87 AC
Zoning
C1 - General Commercial
Parking
26 Spaces (10.4 Spaces per 1,000 SF Leased)
Frontage
22’ on 50 Avenue
Fairly walkable
40/100
Moderately drivable
70/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 8
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Charming Retail Unit in Olds Alberta | 4912 54 Av
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