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5023 3rd Avenue
Edson Alberta T7E1X7 Canada

$995,000

Active Listing ID A2283616
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24,386 square feet
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Other

$995,000

Active Listing ID A2283616
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5023 3rd Avenue This highly visible commercial property offers over 24, 000 sq. ft. of flexible space and is currently generating $10, 900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Concrete
  • Additional Features
  • Basement
Listing Changed: 2/9/2026 6:00:19 PM GMT
Source Updated Date: 2/14/2026 6:10:04 PM GMT

Courtesy of: SHARON HAWBOLDT, Associate Broker, CENTURY 21 TWIN REALTY