Cash Flow Positive Commercial Leased Building | 4908 50 Street, Millet

Property Description

For Sale or Lease!

Welcome to 4908 50 Street!  A commercial opportunity in Millet, Alberta!

If you are looking for a great place to make a cash flow positive investment check this place out.  Fully leased commercial building with 2 separate bays right on highway 2A.  Unbelievable opportunity for highway 2A frontage and huge visibility!

Building consists of  2 separate bays – each with their own entrance and exit, own bathrooms and shared utilities.   plus their own bathrooms and another sink area.

In addition there is also land out back that could be fenced in or used for additional parking.  Build a build a garage or shop, great for storage.

Newly signed long term leases for each side – one a Cannabis Shop and one a thriving Barber Shop.   Both are incredible tenants.   Only 10 minutes to Leduc or Wetaskiwin, 15 minutes to Nisku or International Airport.  25 minutes to Edmonton.  Drive a little, save a lot.

Millet (also known as Canada’s prettiest town) is a great family community with lots of opportunity for growth.

Things we LOVE about 4908 50 Street

  • highway frontage
  • HW2 and HW2A traffic
  • 2 separate units with a door between, can be 2 units or one large one
  • low taxes
  • huge backyard with alley access for parking and development potential
  • 2 successful business owners on each side, building turns a profit every month!

Calculate your monthly payments here.

Property Details

  • Property Type: Office Building
  • Status: For Sale
  • Bathrooms: 2
  • Taxes: $1,850.00 / 2017