Property Details for MLS® # A2242696
5120 50 Avenue, Olds
Commercial Property for Sale
- MLS®#: A2242696
- Price: $899,900
- Status: Active
- Year Built: 1977
Here’s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 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 two newer forced-air furnaces and central air conditioning. 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.
Contact Ryan & Dennis Shandruk About MLS® A2242696

Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3
property information
- Property Type: Commercial Property
- MLS®#: A2242696
- Year Built: 1977
- Lot Shape: Back Lane,City Lot,Corner Lot,Level,Paved,Street Lighting
Community Information
- Address: 5120 50 Avenue
- Neighbourhood: Olds
- City: Olds
- Postal Code: T4H 1A5
interior
- Included: All attached furniture, window coverings
- Fireplace Details: For Sale
exterior
- Exterior Features: Back Lane, City Lot, Corner Lot, Level, Paved, Street Lighting
- Exterior Finish: Brick, Masonite
- Construction: Brick,Masonite
- Roof: Flat Torch Membrane,Flat,Tar/Gravel
services & amenities
- Heating: Central,Forced Air,Natural Gas
- Heating: Central, Forced Air, Natural Gas
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