5516 53 Av, Drayton Valley

  • Living area: 4800 square feet
  • Type: Commercial
  • Added: 1 month ago
  • Updated: 3 weeks ago
  • Last Checked: 1 week ago
  • Listed by: Century 21 Hi-Point Realty Ltd
  • View All Photos

Listing description
This Commercial listing at 5516 53 Av Drayton Valley, AB with the MLS Number e4450639 listed by Wayne MacKinnon - Century 21 Hi-Point Realty Ltd on the Drayton Valley market 1 month 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. (id:1945)
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Nearby Listings Stat Estimated price and comparable properties near 5516 53 Av

Active listings
89
Min Price
$27,900
Max Price
$2,250,000
Avg Price
$416,018
Days on Market
139 days
Sold listings
24
Min Sold Price
$18,500
Max Sold Price
$1,821,750
Avg Sold Price
$321,123
Days until Sold
73 days

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Drayton Valley Industrial Airport (5.1 km)
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Price History

July 31, 2025
by Century 21 Hi-Point Realty Ltd
$395,000
5516 53 Av
More Details?
Wayne MacKinnon