5114 49th Street, High Prairie, Alberta

$1,000,000

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About 5114 49th Street

This mixed-use commercial and residential property offers a prime investment opportunity with its versatile layout and recent upgrades. The main floor spans 5284 sq ft and houses a diverse mix of tenants, including a dental clinic, promo store, real estate office, and Purolator outlet, providing stable rental income. Additional potential exists to expand rentals or utilize the walk-in cooler for food-related or flower-related businesses. Upstairs, the 5824 sq ft space features five fully furnished apartments, a large common area, and storage rooms, catering to tenants seeking convenience.. The entire building has been thoroughly renovated, with key upgrades including a new roof, HVAC system (natural gas furnace and air conditioning), hot water system, and enhanced security features such as cameras, blinds, and an alarm system. With its blend of reliable tenants, modern infrastructure, and income-generating potential, this property is well-suited for investors looking for a low-maintenance, cash-flowing asset or business owners interested in a live-work setup.

Features of 5114 49th Street

MLS® # A2216391
Price $1,000,000
Bathrooms 0.00
Acres 0.00
Year Built 1955
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 5114 49th Street
Subdivision NONE
City High Prairie
County Big Lakes County
Province Alberta
Postal Code T0G 1E0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed May 14th, 2025
Zoning Downtown Commercial C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGrassroots Realty Group - High Prairie

Listing Map