5235 51 Ave, Wabamun
Perfect retail or commercial opportunity in the heart of Wabamun offering approximately 4,500 sqft featuring 12’ clear span ceilings. Excellent main street exposure with easy access and great visibility. The approximately 4,500 SQFT space can be subdivided into four 1,125 SQFT bays, creating incredible flexibility for a wide range of business opportunities including retail, restaurant, office, professional services or mixed-use concepts. A fantastic opportunity for an owner-user or investor to customize the space to fit their vision and business needs.The exterior has been fully completed with a modern look and durable finishes, while the interior is ready for the next owner or tenant to design and build out to suit their needs.Features include 600 AMP, 3-phase power, four rooftop units (RTUs) and a makeup air unit on one side, plus an exterior electrical room. A new parking lot (approx. 105’ x 40’) is scheduled for completion starting in June.Positioned in one of Alberta’s popular lakeside communities, Wabamun continues to attract visitors, seasonal traffic and local growth, making this an exciting opportunity for business owners, investors and future development. (id:1945)
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Property details for 5235 51 Ave, Wabamun
- Type
- Commercial
- Living Area
- 4,500 square feet
Nearby Listings Stat
Estimated price and comparable properties near 5235 51 Ave
Active Listings
3
Min Price
$90,000
Max Price
$525,000
Avg Price
$236,633
Days on Market
172
days
Sold Listings
1
Min Sold Price
$325,000
Max Sold Price
$325,000
Avg Sold Price
$325,000
Days until Sold
53
days
Neighbourhood Census Data
Wabamun, Alberta
Population
682
Median Age
44.5
Median Income
$34,208
Dwelling Value
$275,462
Housing Tenure
Owners 77%
Renters 23%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 190.5/km²
Avg Shelter Cost: $1,229/mo
Owners with Mortgage: 62.8%
Owners Spending 30%+: 14%
Tenants Spending 30%+: 50%
English only: 96.4%
English and French: 3.6%
Median Household Income: $84,736
Median Employment Income: $40,128
Price History
Listed
April 24, 2026
by MaxWell Polaris
Current Price
$525,000
-10.3% from last change
Type
Commercial
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $525,000 | $60,000 (-10.3%) |
| Sep 5, 2026 | $585,000 | $39,500 (-6.3%) |
| Jul 29, 2026 | $624,500 | Listed |