$410,000.00 2,357 Sq.ft

5056 50 Street , Innisfail. T4G 1S7

Description

Rare fully-occupied investment offering in downtown Innisfail. This 2,357 SF freestanding building sits on a high-visibility corner lot at the west entrance to town on Main Street, with three-sided signage exposure. Occupied by the Alberta Government under a licence agreement generating $32,400/year (7.9% cap rate at asking), with scheduled increases to $34,800/year by 2028/29. Property tax partially exempt while government-occupied, keeping carrying costs low for ownership. Recent capital investment includes ~$100,000 in renovations and two HVAC units being replaced new ahead of listing, removing near-term capital risk for a new owner. A low-maintenance, essential-service tenant hold, priced to reflect current small-town Alberta cap rates.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2330005
City:Innisfail
Neighbourhood:Downtown Innisfail
Province:Alberta
Building/Unit Size: 2,357 sq.ft
Land Size:0.06 Acre
Listing Price:$410,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Office
Transaction Type:For Sale
Land Use Code:CB
Listing Contract Date:2026-07-16

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Century 21 Maximum" listing brokerage.

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