5002 50 Street, Stettler
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 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 8.5% 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. (id:1945)
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Property details for 5002 50 Street, Stettler
- Type
- Commercial
- Living Area
- 6,340 square feet
- Annual Taxes
- $5,208 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 5002 50 Street
Active Listings
30
Min Price
$85,000
Max Price
$2,800,000
Avg Price
$513,287
Days on Market
163
days
Sold Listings
10
Min Sold Price
$129,900
Max Sold Price
$1,250,000
Avg Sold Price
$490,120
Days until Sold
145
days
Price History
Listed
August 2, 2025
by RE/MAX 1st Choice Realty
Current Price
$549,000
-4.5% from last change
Type
Commercial
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $549,000 | $26,000 (-4.5%) |
| Jul 21, 2026 | $575,000 | $24,000 (-4%) |
| May 20, 2026 | $599,000 | Listed |