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5110 50 Street, Olds, AB, T4H 1H2

MLS® # A2153441
Commercial For Sale In Olds, Alberta
$529,900
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
5110 50 Street, Olds, AB
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ACTIVE
5110 50 Street, Olds, AB, T4H 1H2
$529,900

Property Information:

Discover a unique investment opportunity in the heart of downtown Olds, This mixed-use commercial property offers two expansive commercial suites on the main level, complete with office spaces, storage rooms, and bathrooms, catering to businesses in need of versatile and functional space. Upstairs, four legal one-bedroom residential suites await, each featuring comfortable living arrangements including a bedroom, living room, kitchen and storage room. The property's stucco exterior and durable tar and gravel roof ensure longevity and low maintenance. Positioned for maximum convenience, tenants will enjoy easy access to downtown amenities, shops and restaurants. Ideal for entrepreneurs seeking a strategic location for their business operations, savvy investors looking for multiple income streams, or residents desiring the vibrancy and convenience of downtown living.

Inclusions: Stoves (4), Fridges (4)

Property Features:

  • Built in: 1976
  • Floor Space (approx): 4420.00 Square Feet
  • Lot Size: 5820.00 Square Feet
  • Zoning: C1

Courtesy of: CIR Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5110 50 Street, Olds, AB, T4H 1H2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

38/100

Moderate-Low

ClimateCheck®

Current data

This property, 5110 50 Street , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.5 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
32.5℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

26/100

Moderate-Low

ClimateCheck®

Current data

This property, 5110 50 Street , experiences 10 significant 2-day storms per year, with about 211.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 225.2mm of precipitation per year.

Precipitation Per Storm

Past
211.3mm
2050
225.2mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5110 50 Street, Olds, AB, T4H 1H2

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$98,443.03

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.36 %

High school certificate or equivalent

29.79 %

Apprenticeship trade certificate/diploma

10.41 %

College/non-university certificate

21.84 %

University certificate (below bachelor)

0.91 %

University Degree

10.69 %

Commuter

Travel To Work

By Car

80.78 %

By Public Transit

0.0 %

By Walking

10.52 %

By Bicycle

0.0 %

By Other Methods

8.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.33 %

Houses

70.67 %

Own Vs. Rent

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