Prime commercial opportunity located at one of the busiest intersections in Olds. This ±0.65-acre CH-zoned property offers approximately 6,700 sq. ft. of commercial space with strong visibility and access. Half of the building is currently leased to a mechanic shop at $3,500/month including operating costs, with a secure lease in place until 2028 plus renewal options, providing immediate and stable cash flow. The remaining space is vacant, allowing for value-add or owner-user potential. CH zoning allows for a wide range of permitted and discretionary commercial uses, offering excellent flexibility for investors or developers. A solid income property with long-term upside in a growing market.
Address
4602/10 46 Avenue
List Price
$869,000
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Olds
Sub-Area
Other
Lot Size
28314 Sq. Ft.
Year Built
1953
MLS® Number
A2275828
Listing Brokerage
Real Estate Professionals Inc.
Postal Code
T4H 1C6
Zoning
CH