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C$359,900

5516 53 Avenue, Drayton Valley AB, T7A 1C5

Built in1978
Property typeCommercial
Courtesy of Century 21 Hi-Point Realty Ltd, Wayne MacKinnon Listing Contact: +1 780-621-2121

Overview

Active

Updated 2 weeks ago

Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppoint

Courtesy of Century 21 Hi-Point Realty Ltd, Wayne MacKinnon

Listing Contact: +1 780-621-2121 

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Data last updated: 10/16/2026 @ 8:00 AM UTC 

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