Address
5002 50 Street, Stettler, AB
Price
$ 549,000
Property Attributes
  • MLS#A2244776
  • TypeCommercial
  • Listing Status Active
  • CityStettler
  • NeighbourhoodDowntown West
  • Postal CodeT4K 1K9
  • StyleLow Rise (2-4 stories)
  • Year Built1967
  • Price$ 549,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Pillar 9 Technologies
Property Description

Located at the high-visibility corner of 50th Avenue and 50th Street—Stettler’s Main Street—this 6,340 sq. ft. commercial building offers an outstanding investment opportunity. The property is demised into 8 individual tenant spaces, providing diverse income streams and reduced vacancy risk. With a current Net Operating Income of $50,782, this property boasts a strong 8.5% cap rate, making it an attractive option for investors seeking reliable cash flow in a growing community. The building has recently received a facelift, giving it an attractive and refreshed exterior that enhances curb appeal and draws positive attention from both tenants and visitors. In addition to the main and upper level tenant spaces, the basement includes two bathrooms and ample storage, offering added functionality and support for tenant operations. Stettler’s Main Street is a thriving hub of activity, lined with cafés, retail shops, and professional offices, contributing to consistent foot traffic and long-term tenant appeal. This central location supports strong local business and makes this property a smart, income-generating asset in one of central Alberta’s key service centers.

Price History
8/2/2025 Listed $650,000
11/30/2025 4$629,000
2/6/2026 5$599,000
5/20/2026 5$575,000
7/21/2026 5$549,000

General Features

Zoning C1
Restrictions None Known
Year Built 1967
Property Subtype Business
Transaction Type For Sale
County Stettler No. 6,County of
Property Type Commercial
Subdivision Name Downtown West
Status Active
City Stettler
Structure Type Low Rise (2-4 stories)
Standard Status Active

Interior Features

Below Grade Finished Area Unit Type SquareFeet
Building Area Total SF 6340.00
Building Area Total Metres 589.00
Main Level Areas SquareFeet

Exterior Features

Inclusions N/A
Building Area Total 6340.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T4K 1K9

Price
AVG $550K
$550K
Year Built
AVG 1969
1967
Visits
AVG 24
24
Data Provided by Inside Real Estate®