5023 3rd Avenue Edson, Alberta T7E 1X7

24,386 ft2
Acreage

$995,000

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors. (id:49203)

Property Details

MLS® Number A2283616
Property Type Other
Communication Type High Speed Internet, Fiber
Features Visual Exposure
Plan 1494ac
Road Type Paved Road

Building

Constructed Date 1974
Construction Material Poured Concrete
Exterior Finish Concrete
Size Exterior 24385.52 Sqft
Size Interior 24,386 Ft2
Total Finished Area 24385.52 Sqft
Type Commercial Mix
Utility Water Municipal Water

Land

Acreage Yes
Sewer Municipal Sewage System
Size Irregular 59320.00
Size Total 59320 Sqft|1 - 1.99 Acres
Size Total Text 59320 Sqft|1 - 1.99 Acres
Zoning Description C-2 Service Commercial

Utilities

Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected

https://www.realtor.ca/real-estate/29334048/5023-3rd-avenue-edson

Contact Us

Contact us for more information

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Sharon Hawboldt
Associate Broker

(780) 712-9122
(780) 723-3130
www.twinrealty.c21.ca/
www.facebook.com/TheTwinsEdson/
www.linkedin.com/in/sharon-hawboldt-b7541764/

Century 21 Twin Realty
5014 4 Avenue
Edson, Alberta T7E 1V6

(780) 723-3100
twinrealty.c21.ca/

Karen Spencer-Miller
Broker

(780) 712-3333
www.century21.ca/twinrealty
www.facebook.com/TheTwinsEdson/

Century 21 Twin Realty
5014 4 Avenue
Edson, Alberta T7E 1V6

(780) 723-3100
twinrealty.c21.ca/

Dekker Team
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