$ 989,000

4919 47 Street, Camrose Ab, Camrose

This is your chance to acquire one of Camrose’s most iconic heritage buildings — a provincially designated 18,000 sq ft commercial landmark with income in place and major redevelopment potential. Located right in the downtown core, this property offers unmatched character, visibility, and long term upside.The main floor (6,000 sq ft) is leased to a long standing restaurant tenant delivering reliable annual income. The second floor (6,000 sq ft) and basement (6,000 sq ft) are vacant and ready for transformation — boutique hotel, offices, studios, event venue, or mixed use redevelopment. With flexible C1 zoning, the property supports retail, restaurants, offices, personal services, entertainment venues, and even upper floor residential or hotel uses, giving buyers exceptional freedom in shaping its future. As a heritage designated property, the building does qualify for provincial heritage conservation grants. Much of the building’s plumbing, electrical, and water systems have been upgraded, enhancing reliability and reducing future capital investment. These improvements support modern commercial operations while preserving the building’s historic charm. (id:1945)
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Property details for 4919 47 Street, Camrose Ab, Camrose

Type
Commercial
Living Area
18,000 square feet
Lot Size
12445.187755315526

Nearby Listings Stat

Estimated price and comparable properties near 4919 47 Street, Camrose Ab

Active Listings
226
Min Price
$39,000
Max Price
$4,800,000
Avg Price
$302,563
Days on Market
646
days
Sold Listings
32
Min Sold Price
$89,900
Max Sold Price
$619,900
Avg Sold Price
$357,956
Days until Sold
67
days

Neighbourhood Census Data

Camrose, Alberta

Population
615
Median Age
35.4
Median Income
$28,480
Dwelling Value
$200,467

Housing Tenure

Owners 41%
Renters 60%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 162.8/km²
Avg Shelter Cost: $1,178/mo
Owners with Mortgage: 73.9%
Owners Spending 30%+: 17.4%
Tenants Spending 30%+: 48.6%
English only: 96.7%
English and French: 4.1%
Median Household Income: $46,464
Median Employment Income: $28,832

Price History

Listed
August 20, 2026
by ComFree
Current Price
$989,000
-10.1% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $989,000 $111,000 (-10.1%)
Sep 11, 2026 $1,100,000 Listed

Contact Agent Get in touch about 4919 47 Street, Camrose Ab, Camrose

Erin Holowach
ComFree

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Comparison of 4919 47 Street, Camrose Ab, Camrose, AB with Nearby Commercial Listings