5018 50 Ave

Olds, AB, T4H 1S4
MLS® #: C4238715
Hugh G Bodmer, CIR REALTY

$499,000

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Business Type: N/A

Date Listed: Fri, Apr 12, 2019

Property Tax: N/A

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5018 50 Ave

Olds, AB, T4H 1S4

$499,000

4662 sqft
MLS® #: C4238715
Hugh G Bodmer, CIR REALTY

More to See

Property Description

At the heart of the Uptowne business core, this property is prime for retail or service wishing to keep the tradition of the historic facade. With all the historical charm and functionality of a bank, this property contains a diverse mix of features that will appeal to the startup entrepreneur or established business wishing to be an iconic landmark feature in the central business mix. The property lends itself to multi-use, such as work-live options, or rental income for upper living space. Offering exceptional lighting from large windows facing both the main access to Uptowne as well as the primary traffic corridor from the Post Office to the south, this location is assured high traffic, visibility and access. The building’s character ensures recognition and easy reference. The three floors are separated for secure access and variety of use. Main floor has a large open retail display space with feature wall separating the closed offices and open work space areas.See additional remarks As a former Bank it provides safe secure storage. Lower floor has a mix of secure records storage with second external door exit from outside stairwell in parking lot. In addition, the lower floor has work areas complete with workbenches and double wet utility sinks. The staff meeting room with kitchenette, 2 washrooms, boiler room and utility area, open storage with extensive shelving allows for inventory storage, work space and versatile areas for staff use. Upstairs floor has full 3-bedroom living space with separate locking entrance to south street access. Rear parking lot is paved and provides basement access to the building. Most recently operated as a jewelry store, this is a must view for any business opportunity. The west addition was built in 1970.

Details

Property Type: Commercial
Property Tax: N/A
Fees: N/A
Last Updated: Wed, May 08, 2019
Property Sub Type: Retail

Key Facts

MLS® #: C4238715
Style: N/A
Ownership-Type: N/A
Year Built: 1949
sqft: 4662 SQFT
Date Listed: Apr 12, 2019
Lot Size: N/A
Occupancy: N/A
Total Acres: 0.11
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.