$1,590,000
( $80.90Per Sq Foot )
 $8,535 est/mo Sourced by Back At You

5025 1 Avenue,Edson, AB T7E1S9

Edson, AB T7E1S9

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Description

This multi-unit commercial building offers a unique investment opportunity in the heart of Edson’s Central Business District. Sitting on 1.34 acres (58,202 sq ft), the property features a 19,800 sq ft steel frame and metal clad building, divided into 5 rental units. Current tenants include a gym, small spa, a professional office and furniture store, with availability for two additional tenants, providing excellent growth potential and flexibility for future uses.Built in 1980, the building boasts pile and grade beam construction with concrete floors and a steel frame, ensuring durability and low maintenance.Additional features include concrete walkways spanning the building front, asphalt paving covering the remaining lot with ample customer parking, and a paved staff parking area at the rear. Ideally located just half a block west of Edson’s Main Street on 1st Avenue, this property offers excellent visibility and accessibility.This is a fantastic opportunity to secure well-located, income-producing property with strong existing tenants and room for expansion. (id:13843)

Details

MLS #A2337184
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Year1980
Days On Site12
Listing Provided ByCENTURY 21 TWIN REALTY | KAREN SPENCER-MILLER

Features

SQ Feet19,654
ZoningCBD
Acreage1.34

Interior

HeatingNatural gas
Fireplace Yes / NoNo

Exterior

Construction MaterialsPoured concrete
Foundation DetailsPoured Concrete

Utilities

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

Taxes

Tax Annual Amount28814.39
Tax BlockX
Tax Lot0
Tax Year2026

Area Information

ProvinceAB
CityEdson
Postal CodeT7E1S9
Listing VS Median (in T7E1S9)
Price:
$1,590,000
low | high
Med:
$919,950
92.141509433962% of Average
sqft:
19,654
low | high
Med:
11,452
91.731962959194% of Average
$ / sqft:
$81
low | high
Med:
$79
52.476685050798% of Average
On site:
12
low | high
Med:
120.5
9.958506224066% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityEdson
Postal CodeT7E1S9
Listing VS Median (in T7E1S9)
Price:
$1,590,000
low | high
Med:
$919,950
92.141509433962% of Average
sqft:
19,654
low | high
Med:
11,452
91.731962959194% of Average
$ / sqft:
$81
low | high
Med:
$79
52.476685050798% of Average
On site:
12
low | high
Med:
120.5
9.958506224066% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.192M - $1.987M
sqft: 14,500 - 24,500
Nearby Listings Property ImageNearby Listings Details
5023 3rd Avenue Property Photo 1
$995,000
5023 3rd Avenue
Edson, AB T7E1X7
Listing Updated: August 13, 2026 at 3:54:20 PM PDT