Karl Deering - Sutton Logo
$89,000
( $46.65Per Sq Foot )
 $478 est/mo Sourced by Back At You

5116 50 Street,Provost, AB T0B3S0

Provost, AB T0B3S0

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Description

Mixed-Use Commercial Property in Provost, AlbertaThis older mixed-use commercial property offers a combination of retail, office, and residential space, with some renovations completed over the years.The front area is currently set up as a salon/barber shop or retail space, providing a functional commercial footprint for a small business or service-based tenant.The middle section of the building includes 3 private offices, a sitting area, and a washroom. Two of the offices are currently vacant, which may provide an opportunity for additional rental income if leased.At the rear of the building is a 1-bedroom, 1-bath residential suite with a kitchen, living room, and front/rear access. The suite adds another potential income source or flexible-use area within the property.Updates include a new roof in 2020, flooring updates in 2017, and kitchen and bathroom renovations in the residential suite completed around 2014/2015.Financial Performance January 1 to June 30, 2026Based on the information provided, the property has generated the following year-to-date numbers:Gross rental income, 6 months: $8,340.00Operating expenses, taxes and utilities: $3,986.07Net operating income, 6 months: $4,353.93Annualized projected NOI: $8,707.86Located in Provost, Alberta, this property may be suitable for a buyer looking for an older mixed-use building with existing rental income, completed updates, and the potential to improve revenue through vacant office lease-up. (id:13843)

Details

MLS #A2324688
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Year1963
Days On Site56
Listing Provided ByRoyal LePage Wright Choice Realty | Ken Hrubeniuk

Features

SQ Feet1,908
ZoningC1
Acreage0.07

Taxes

Tax Annual Amount1694.44

Area Information

ProvinceAB
CityProvost
Postal CodeT0B3S0
Community NameProvost
Listing VS Median (in Provost)
Price:
$89,000
low | high
Med:
$169,950
40.955056179775% of Average
sqft:
1,908
low | high
Med:
1,798
55.765199161426% of Average
$ / sqft:
$47
low | high
Med:
$107
78.488325179273% of Average
On site:
56
low | high
Med:
163.5
34.250764525994% of Average
Sourced by Back At You

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Learn More About This Property

Karl Deering

Karl Deering

Sutton Group Aurora Realty Ltd.

Sales Representative, Représentant immobilier (506) 466-8282karldeering@sutton.com
ProvinceAB
CityProvost
Postal CodeT0B3S0
Community NameProvost
Listing VS Median (in Provost)
Price:
$89,000
low | high
Med:
$169,950
40.955056179775% of Average
sqft:
1,908
low | high
Med:
1,798
55.765199161426% of Average
$ / sqft:
$47
low | high
Med:
$107
78.488325179273% of Average
On site:
56
low | high
Med:
163.5
34.250764525994% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $66K - $111K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
5119 51 Street Property Photo 1
$159,900
5119 51 Street
Provost, AB T0B3S0
Listing Updated: July 29, 2026 at 2:10:09 PM PDT