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4807 50th Ave

3,644 SF 100% Leased Office Building St Paul, AB T0A 3A3 $694,011 USD ($190 USD/SF) 6.50% Cap Rate

Executive Summary

An opportunity is available to purchase a single-tenanted freestanding building leased to Service Canada with a long-term lease in place until May 2027. The building is meticulously maintained and enjoys direct exposure to 50 Avenue (Highway #29), a significant arterial road in the area. The property is conveniently surrounded by a wide range of amenities, including restaurants, personal services, and leisure/recreation options, all within walking distance.

Attachments

attachment (45)

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,644 SF
Building Class
B
Year Built
2012
Price
$694,011 USD
Price Per SF
$190 USD
Cap Rate
6.50%
NOI
$45,111 USD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,644 SF
Building FAR
0.35
Lot Size
0.24 AC
Zoning
C1 - Central Commercial
Parking
6 Spaces (1.64 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32734203

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 4807 50th Ave, St Paul, AB T0A 3A3

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