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5301 62 St 49,455 SF 100% Leased Office Building Lloydminster, AB T9V 2E5 $2,082,077 USD ($42.10 USD/SF)
Executive Summary
Positioned in the heart of Lloydminster’s Glenn E. Neilson Industrial Park, 5301 62 Street presents a rare opportunity to acquire a substantial and well-maintained office asset on a 1.95-acre corner lot. This three-storey building spans nearly 50,000 square feet and features over 100 demisable offices, multiple boardrooms, and a striking central atrium with a tree and water feature that anchors the interior space. Designed for flexibility, the layout includes moveable walls, coffee rooms on each floor, and a gym, making it ideal for a wide range of professional uses.
Constructed with a steel and concrete frame and finished in brick and stucco, the building offers a durable and attractive exterior. Infrastructure includes 1,200-amp power, a commercial boiler system with rooftop air units, and one grade-level loading door. With 100 dedicated parking stalls and excellent corner exposure at 62 Street and 53 Avenue, the property ensures convenience and visibility for staff and visitors alike.
Whether for an owner-user seeking a regional headquarters, an investor targeting stable returns, or a developer looking to reposition a high-quality asset, this property delivers unmatched scale and adaptability in a thriving regional economy. Its light industrial zoning further enhances its versatility, making it difficult to replicate in today’s market.
Constructed with a steel and concrete frame and finished in brick and stucco, the building offers a durable and attractive exterior. Infrastructure includes 1,200-amp power, a commercial boiler system with rooftop air units, and one grade-level loading door. With 100 dedicated parking stalls and excellent corner exposure at 62 Street and 53 Avenue, the property ensures convenience and visibility for staff and visitors alike.
Whether for an owner-user seeking a regional headquarters, an investor targeting stable returns, or a developer looking to reposition a high-quality asset, this property delivers unmatched scale and adaptability in a thriving regional economy. Its light industrial zoning further enhances its versatility, making it difficult to replicate in today’s market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
49,455 SF
Building Class
C
Year Built
1981
Price
$2,082,077 USD
Price Per SF
$42.10 USD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
16,485 SF
Building FAR
0.58
Lot Size
1.95 AC
Zoning
L1 - Light Industrial
Parking
40 Spaces (0.81 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
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5301 62 St
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