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  • Key Facts
  • Description
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Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 1967
MLS® Number A2244776

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler’s Main Street—this 6, 340 sq. Ft. Commercial building offers an outstanding investment opportunity. The property is fully rented and demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50, 782, this property boasts a strong 7.8% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community. The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler’s Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal. This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta’s key service centers.Show Description
MLS® NumberA2244776
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1967
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

N/A

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