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$995,000
( $40.80Per Sq Foot )
 $5,341 est/mo Sourced by Back At You

5023 3rd Avenue,Edson, AB T7E1X7

Edson, AB T7E1X7

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Description

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors. (id:13843)

Details

MLS #A2283616
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Year1974
Days On Site200
Listing Provided ByCENTURY 21 TWIN REALTY | SHARON HAWBOLDT

Features

SQ Feet24,386
ZoningC-2 Service Commercial
Acreage1.36

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesVisual exposure
Construction MaterialsPoured concrete

Utilities

UtilitiesWater, Sewer, Natural Gas, Electricity
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount11344.73
Tax Block7
Tax Lot13, 14, 27-29
Tax Year2025

Area Information

ProvinceAB
CityEdson
Postal CodeT7E1X7
Listing VS Median (in T7E1X7)
Price:
$995,000
low | high
Med:
$672,500
82.412060301508% of Average
sqft:
24,386
low | high
Med:
13,481
94.720331337653% of Average
$ / sqft:
$41
low | high
Med:
$88
66.562911645607% of Average
On site:
200
low | high
Med:
105.5
100% of Average
Sourced by Back At You

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Sutton Support

 (604) 691-1655support@sutton.com
ProvinceAB
CityEdson
Postal CodeT7E1X7
Listing VS Median (in T7E1X7)
Price:
$995,000
low | high
Med:
$672,500
82.412060301508% of Average
sqft:
24,386
low | high
Med:
13,481
94.720331337653% of Average
$ / sqft:
$41
low | high
Med:
$88
66.562911645607% of Average
On site:
200
low | high
Med:
105.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $746K - $1.243M
sqft: 18,000 - 30,000
Nearby Listings Property ImageNearby Listings Details
5025 1 Avenue Property Photo 1
$1,590,000
5025 1 Avenue
Edson, AB T7E1S9
Listing Updated: August 20, 2026 at 8:36:54 AM PDT