$899,900
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5120 50 Avenue, Olds, AB T4H1A5

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- Beds
0 Baths
2,703 Sq Ft

Heres your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2703 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net leasecomplete with a rent increase at the halfway markmeaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with three forced-air furnaces and central air conditioning that have been regularly maintained.Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 15 and $23.00/sq ft for years 610, producing an average net operating income of approximately $60, 016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential. Solid tenant already in place with a long lease, and positive cash flow. (id:58753)

Listing By: Dione Irwin - The Real Estate District cncrea2 Realty.com
  • MLS® A2265377
  • Date Listed10/18/2025
  • Days on Realty 231 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Office
  • Year Built 1977
  • Water Public
  • Square Feet 2,703 sq. ft
  • Price Per Sq. Ft $332.93

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas, Central heating

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Back lane, Level

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4H1A5

Discover key demographics, population statistics, and environmental insights for the Olds, AB area.

Walkability in AB / T4H1A5

Source: Walk Score

82/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

53/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 5120 50 Avenue, Olds, AB T4H1A5

Frequently Asked Questions for 5120 50 Avenue

Source: Realty.com

5120 50 Avenue, Olds, AB T4H1A5 in Olds, AB T4H1A5 is a office listed at $899,900. Highlights include 2,703 sq. ft., built in 1977, $333 per sq. ft.. Realty.ca has 41 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 41 photos of 5120 50 Avenue.

Our records indicate that 5120 50 Avenue was built in 1977.

The full address for this home is 5120 50 Avenue, Olds, AB T4H1A5.

5120 50 Avenue has been listed on Realty.com since Sat October 18, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 31/100.

Listing provided courtesy of: The Real Estate District
Listing agent: Dione Irwin

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