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5048 50 ST Sylvan Lake, AB T4S1P3
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Key Details
Sold Price $560,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS® Listing ID A2175561
Sold Date 11/16/24
Originating Board Central Alberta
Year Built 1977
Annual Tax Amount $7,554
Tax Year 2024
Lot Size 8,148 Sqft
Acres 0.19
Property Description
This lakeside retail center offers a compelling investment opportunity with a solid cap rate, consistent cash flow, and the potential for long-term appreciation in a vibrant, growing community. Location: A scenic lakeside community, known for its outdoor activities and tourist attractions, making it a popular destination year-round.
Location
Province AB
County Red Deer County
Zoning W-DC
Others
Restrictions Call Lister
Tax ID 92488092
Ownership Private
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