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$899,900
Alberta,Olds
For Sale Active
5120 50 Avenue, Olds, Alberta T4H1A5
  • 2,703 Sqft
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Basic Details
Description

Here’s 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 lease—complete with a rent increase at the halfway mark—meaning 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 1–5 and $23.00/sq ft for years 6–10, 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:64429)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: A2265377
  • Price: $899,900
  • Square Footage: 2,703 Sqft
  • Year Built: 1977
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 295791
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Central heating
  • Cooling System: Central air conditioning
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
  • Utilities: Water, Natural Gas, Electricity, Sewer, Cable, Telephone
Address Map
  • Location: CA, Alberta, Olds, T4H1A5
  • Street: 50
  • Street Number: 5120
  • Street Suffix: Avenue
  • Longitude: W115° 53' 37.2''
  • Latitude: N51° 47' 25.8''
Additional Information
  • Water Source:
  • Business Type: Other, Personal Services
  • Electric: 100 Amp Service
  • Foundation Details:
  • Lot Features:
Financial
  • Tax Annual Amount: 4037
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Listing updated: 2026-06-18 06:05:33
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Listing Information
  • List Agent Key: 1891245
  • List Office Key: 295791
  • Modification Timestamp: 2026-03-31T15:25:34Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-03-31T15:18:43Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 06:05:33
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