$499,000.00 plus GST. REDUCED TO $475,000 plus GST
Address: 5018-50 Avenue, Olds AB
Building : 4662 sq. ft.
Taxes: $4805 (2018)
At the heart of the Uptowne business core, this property is prime for retail or service wishing to keep the tradition of the historic facade. With all the charm and functionality of a bank, this property contains a diverse mix of features that will appeal to the startup entrepreneur or established business wishing to be an iconic landmark feature in the central business mix.
The property lends itself to multi-use, such as work-live options, or rental income for upper living space. Offering exceptional lighting from large windows facing both the main access to Uptowne as well as the primary traffic corridor from the Post Office to the south, this location is assured high traffic, visibility and access. The building’s character ensures recognition and easy reference.
The three floors are separated for secure access and variety of use. Main floor has a large open retail display space with feature wall separating the closed offices and open work space areas
As a former Bank it provides safe secure storage. Lower floor has a mix of secure records storage with second external door exit from outside stairwell in parking lot. In addition, the lower floor has work areas complete with workbenches and double wet utility sinks. The staff meeting room with kitchenette, 2 washrooms, boiler room and utility area, open storage with extensive shelving allows for inventory storage, work space and versatile areas for staff use.
Upstairs floor has full 3-bedroom living space with separate locking entrance to south street access. Rear parking lot is paved and provides basement access to the building. Most recently operated as a jewelry store, this is a must view for any business opportunity. The west addition was built in 1970.
Please call or email Hugh for further details or to view. (403-556-0262)
Retail / Office Spaces