5516 53 Avenue, Drayton Valley
- Living area: 4800 square feet
- Type: Commercial
- Added: 6 days ago
- Updated: 3 hours ago
- Last Checked: 4 seconds ago
- Listed by: Century 21 Hi-Point Realty Ltd
Listing description
This Commercial listing at 5516 53 Avenue Drayton Valley, AB with the MLS Number 43688954 listed by Wayne MacKinnon - Century 21 Hi-Point Realty Ltd on the Drayton Valley market 6 days ago at $395,000.
Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16’ overhead doors, and an upper mezzanine that’s approximately the size of half the unit’s square footage. The rear unit includes two large shop bays, each with a 16’ overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Wayne MacKinnonAppointment Phone: 780-621-2121Paragon Listing ID: E4450639 (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property Details
Key information about 5516 53 Avenue
Interior Features
Discover the interior design and amenities
Exterior & Lot Features
Learn about the exterior and lot specifics of 5516 53 Avenue
Additional Features
Explore extra features and benefits
Nearby Listings Stat Estimated price and comparable properties near 5516 53 Avenue
Nearby Places Nearby schools and amenities around 5516 53 Avenue
Price History
December 22, 2025
by Century 21 Hi-Point Realty Ltd
$395,000
