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5105 50 Avenue

Lacombe, AB

2,164
Sq Ft
Commercial
Type

Built 1946 · Unknown

$43,000 below the Downtown Lacombe benchmark of $342,000

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About This Home

Properties like this don't come available often. This prominent 2,164 sq. ft. commercial building sits in the heart of Lacombe's downtown core — one of the highest-traffic locations in the entire city, where visibility and foot traffic work hard for your tenants and your investment every single day. The building offers exceptional versatility . There are two long-standing & established tenants currently in place. You will also find a full basement that would be ideal for storage or any other ideas you might have for additional revenue opportunities. This is situated in a within steps of Lacombe Memorial Centre and other misc retail shops and excellent and varied dining establishments Whether you are an investor looking to purchase the building to take on the two long standing tenants that provide you with stable cash flow from day one OR You are an owner-operator wanting an opportunity to relocate or start your new business with the option to occupy all or part of the main floor with a strong community identity and consistent year round commercial activity, this could be it. There are many options for the discreet investor and business/entrepreneur to choose from. (id:67953)

Property Details

MLS® Number
A2315522
Lot
Unknown
Year Built
1946
Days On Market
164

Features

  • Heating: Forced air

From Above

The Neighbourhood

Living In Downtown Lacombe

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Heritage character homes a short walk from the historic main street.

Benchmark home price$342,000
Average days on market44 Days
Active homes for sale8
Year-over-year change+3.9%
For Families

Schools Near This Home

  • Lacombe Composite High
  • Ecole Lacombe Upper Elementary
  • Burman University

These are the schools serving Lacombe. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Listing Courtesy Of
CIR Realty
Jon Nichols
MLS® A2315522 · 164 Days On Market
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Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use

$299,000
Est. $1,309/mo
Central Alberta lakeside landscape

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