My Office Listings

Main Photo: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 1: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 2: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 3: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 4: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 5: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 6: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Photo 7: 0 5010 50 Ave: Calmar Retail for sale : MLS®# 44340581
Status:
Active
Prop. Type:
Retail
MLS® Num:
44340581
* Sold date and price are as reported on the RAE’s MLS® system
Prime investment opportunity located approximately 30 minutes from Edmonton. This well-maintained 5-lot commercial strip mall is situated on the town’s main road, offering excellent exposure and convenient access.The property is fully leased with no vacancy and features four established tenants under long-term triple net lease agreements. Tenants include a grocery and liquor store, Subway, a Chinese restaurant, and a pub, providing a stable and diversified income stream.The asset offers an attractive cap rate, with potential for further upside as two lease renewals are scheduled within this year and next year, which may enhance overall returns. The site also provides ample on-site parking for customers and staff.A rare opportunity to acquire a stable, income-producing commercial property with future growth potential. Subject to municipal approvals, there may be the possibility of adding a second floor to further increase rental income.An excellent opportunity for investors seeking a solid, long-term incom
Property Type:
Retail
Transaction Type:
For Sale
Lot Area:
30,491 sq. ft.
Year built:
1980 (Age: 46)
Bathrooms:
- (Full:-/Half:-)
Days On Website:
53 day(s)
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Courtesy of Jongsung Baik of Initia Real Estate
Data was last updated April 8, 2026 at 07:30 PM (UTC)
Data last updated on April 8, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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 CREA and identify the quality of services provided by real estate professionals who are members of CREA.