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5016 50 Avenue, Sylvan Lake, AB, T4S 1P4

MLS® # A2125902
Commercial For Sale In Sylvan Lake, Alberta
$579,900
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
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5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
5016 50 Avenue, Sylvan Lake, AB
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ACTIVE
5016 50 Avenue, Sylvan Lake, AB, T4S 1P4
$579,900

Property Information:

This property presents an exceptional investment opportunity with a long-term tenant who has just signed a new 5-year lease. Located at 5016 50 Ave in the heart of Sylvan Lake’s vibrant downtown, this 4,197 sq ft mixed-use commercial space offers prime visibility and high foot traffic, especially during the busy summer season. The property features a welcoming reception area, a spacious sitting room, a private office, a versatile shop space, and a lunchroom. With three bathrooms and four bay doors, it’s perfectly equipped for a wide range of business uses. The tenant has been in place long-term and continues on a escalading Triple Net Lease , offering a solid 8.55% CAP Rate on 5 year average .For environmental disclosure and more information, please contact the listing agent.

Inclusions: n/a

Property Features:

  • Built in: 1980
  • Floor Space (approx): 4197.04 Square Feet
  • Zoning: RCDC

Courtesy of: eXp Realty

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
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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Location of 5016 50 Avenue, Sylvan Lake, AB, T4S 1P4

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

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 5016 50 Avenue , experiences 7 hot days per year at around 28.1 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 31.9 degrees Celsius.

Projected Avg. Temperature

Past
28.1℃
2050
31.9℃

# 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

27/100

Moderate-Low

ClimateCheck®

Current data

This property, 5016 50 Avenue , experiences 10 significant 2-day storms per year, with about 214.7mm 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 228.2mm of precipitation per year.

Precipitation Per Storm

Past
214.7mm
2050
228.2mm

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 5016 50 Avenue, Sylvan Lake, AB, T4S 1P4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$119,897.50

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.11 %

High school certificate or equivalent

35.09 %

Apprenticeship trade certificate/diploma

15.78 %

College/non-university certificate

19.71 %

University Degree

11.31 %

Commuter

Travel To Work

By Car

87.6 %

By Public Transit

0.0 %

By Walking

9.57 %

By Bicycle

0.0 %

By Other Methods

2.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.31 %

Houses

70.69 %

Own Vs. Rent

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