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$97,000
Alberta,Provost
For Sale Active
5116 50 Street, Provost, Alberta T0B3S0
  • 1,908 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: A2324688
  • Price: $97,000
  • Square Footage: 1,908 Sqft
  • Year Built: 1963
  • Status: Active
  • Property Sub Type: Other
  • Office Key: 244314
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Other
  • Cooling System: Central air conditioning
Address Map
  • Location: CA, Alberta, Provost, Provost, T0B3S0
  • Street: 50
  • Street Number: 5116
  • Street Suffix: Street
  • Longitude: W111° 44' 6.7''
  • Latitude: N52° 21' 11.2''
Additional Information
  • Foundation Details:
  • Lot Size Dimensions: 2875.00
Financial
  • Tax Annual Amount: 1694.44
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Listing updated: 2026-07-02 05:27:00
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Listing Information
  • List Agent Key: 2022078
  • List Office Key: 244314
  • Modification Timestamp: 2026-06-29T17:35:08Z
  • Originating System Name: REALTORS® Association of Lloydminster & District
  • Status Change Timestamp: 2026-06-29T17:17:12Z
Powered by REALTOR.ca
Listing updated: 2026-07-02 05:27:01
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