Address
5036 50 Street, Innisfail, AB
Price
$ 699,900
Property Attributes
- MLS#A2322914
- TypeCommercial
- Listing Status Active
- CityInnisfail
- NeighbourhoodDowntown Innisfail
- Postal CodeT4G 1S7
- StyleMixed Use
- Year Built1946
- Price$ 699,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.105601 Acres
Data Source:
Pillar 9 Technologies
Property Description
This is an excellent opportunity to own a well-maintained, income-producing commercial property in the heart of Main Street Innisfail. Offering 4,213 sq. ft. on the main floor plus an additional 3,450 sq. ft. of commercial space on the lower level, this property combines location, functionality, and long-term potential. Customers and tenants enjoy convenient parking along Main Street and access to a large parking lot at the back, along with a rear loading door for deliveries. The main floor is currently configured into multiple small office space and business space rentals, while the basement features a dance studio, providing steady rental income. Additional space in the building remains available to lease, both on the main floor and lower level, presenting an opportunity to further increase cash flow. Many upgrades have been completed in the past decade, including updated plumbing to PEX, three furnaces (providing both air and heat), and a 2014 hot water tank. The property also features a durable torch-on roof installed in 1999 by Integrated Roof Services, and updated front windows and doors completed approximately 10 years ago. With its prime Main Street location, strong income potential, and extensive recent upgrades, this property offers an outstanding opportunity for an investor or business owner looking to secure a long-term commercial holding in a growing community!
| Price History | |
|---|---|
| 6/20/2026 | Listed $699,900 |
General Features
| Heating | Floor Furnace,Natural Gas |
|---|---|
| Roof | Flat Torch Membrane |
| Zoning | CB |
| Restrictions | None Known |
| Year Built | 1946 |
| Property Subtype | Business |
| Transaction Type | For Sale |
| Building Type | Commercial Mix |
| County | Red Deer County |
| Property Type | Commercial |
| Subdivision Name | Downtown Innisfail |
| Status | Active |
| City | Innisfail |
| Structure Type | Mixed Use |
| Standard Status | Active |
| Business YN | Yes |
| Condo Type | Not a Condo |
Interior Features
| Below Grade Finished Area Unit Type | SquareFeet |
|---|---|
| Building Area Total SF | 4312.00 |
| Building Area Total Metres | 400.59 |
| Main Level Areas | SquareFeet |
Exterior Features
| Inclusions | Back kitchen: dishwasher,counters and shelves. Larger kitchen: counters and sinks. |
|---|---|
| Foundation | Poured Concrete |
| Building Area Total | 4312.00 |
| Lot Size Acres | 0.11 |
| Lot Size Square Feet | 4600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in T4G 1S7
Price
Year Built
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