Courtesy Of Royal LePage Lifestyles Realty

5033 52 Street, Lacombe


The Jewel of Lacombe. 19,200 square feet over 3 floors. Fully occupied commercial building showing impressive returns. Building has had major renovations and updates over the last few years. Nothing left to do. Long term major anchor tenants in place. Located in the heart of downtown Lacombe close to all amenities and has parking galore. Substantially renovated building priced at half of what building new would cost. Includes separately titled parking lot which could be sold if you choose to. Vendor will give preference to a share sale as opposed to asset sale. Share sale would benefit buyer as a turn key operation with no need to change any tenant leases or service provider contracts. 2022 Net income was $181,211.67 with current 0% vacancy shows a CAP Rate of 7.66%

Essential Information
MLS® #A2034504
Year Built1977
Sub-TypeMixed Use
Community Information
Address5033 52 Street
SubdivisionDowntown Lacombe
Postal CodeT4L 2A6
Additional Information
Date ListedMarch 23rd, 2023
Days on Market76
Listing Details

Courtesy Of Royal LePage Lifestyles Realty

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