5120 50 Avenue, Olds

Commercial Property for Sale

5120 50 Avenue, Olds, MLS® # A2265377

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 Tessa Corley-Rae & Maria Corley About MLS® A2265377

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: Commercial Property
  • MLS®#: A2265377
  • Year Built: 1977
  • Lot Shape: Back Lane,City Lot,Corner Lot,Level,Paved,Street Lighting
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Community Information

  • Address: 5120 50 Avenue
  • Neighbourhood: Olds
  • City: Olds
  • Postal Code: T4H 1A5
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interior

  • Included: All attached furniture, window coverings
  • Fireplace Details: For Sale
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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
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services & amenities

  • Heating: Central,Forced Air,Natural Gas
  • Heating: Central, Forced Air, Natural Gas
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$899,900

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The Real Estate District
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.