4530 54 Avenue Olds, Alberta T4H 1B8

1,196 ft2

$519,900

Excellent investment property located on highway 27 in Olds. High visibility, high traffic area in the heart of Olds and along main highway to the west country. Rare opportunity to own a coveted commercial property with highway frontage. The Town of Olds is a growing community strategically located just off the QE2 between Red Deer and Calgary. Home to the world renowned Olds College, the Town has an abundance of amenities and a diverse business community. This highway commercial office building is in excellent condition, has a large reception area, five private offices on the main floor, two piece bath and developed basement with office area, conference room, storage room and mechanical room with a new hot water tank. Exterior ramp for accessibility, large utility shed, 8 stall parking area, concrete walks, illuminated signage and mature trees. 7728 sq ft lot and rental income of $3300.00 per month triple net. Long term tenant in place. Invest in this dynamic community. (id:57810)

Property Details

MLS® Number A2204742
Property Type Office
Plan 9160ge

Building

Constructed Date 1962
Size Exterior 1196 Sqft
Size Interior 1,196 Ft2
Total Finished Area 1196 Sqft
Type Offices

Land

Acreage No
Size Total Text Unknown
Zoning Description Ch-1

https://www.realtor.ca/real-estate/28065136/4530-54-avenue-olds

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