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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

5120 50 Avenue, Olds

Commercial Property for Sale

5120 50 Avenue, Olds, MLS® # A2242696

Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream. Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with two newer forced-air furnaces and central air conditioning. Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential.

Contact Elke Babiuk About MLS® A2242696

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Commercial Property
  • MLS®#: A2242696
  • Year Built: 1977
  • Lot Shape: Back Lane,City Lot,Corner Lot,Level,Paved,Street Lighting
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Community Information

  • Address: 5120 50 Avenue
  • Neighbourhood: Olds
  • City: Olds
  • Postal Code: T4H 1A5
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interior

  • Included: All attached furniture, window coverings
  • Fireplace Details: For Sale
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exterior

  • Exterior Features: Back Lane, City Lot, Corner Lot, Level, Paved, Street Lighting
  • Exterior Finish: Brick, Masonite
  • Construction: Brick,Masonite
  • Roof: Flat Torch Membrane,Flat,Tar/Gravel
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services & amenities

  • Heating: Central,Forced Air,Natural Gas
  • Heating: Central, Forced Air, Natural Gas
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$899,900

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Listing Courtesy of
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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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