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Investment signal

$3,500,000

4810 50 Street

Beds

Baths

Sqft

Year

1994

Location

See the block, not just the house.

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About this home

Investment Opportunity 29,400 sq.ft office/ retail building with front exposure to 50 Street. This sale includes an additional, separately titled, 12,000 sq.ft parking lot near the rear of the building. Anchor tenants include Alberta Infrastructure, Subway, Dominos and Neighbours Pub.Other Property Types: OfficeSubject Space Width: 150Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Kevin MockfordAppointment Phone: 780-436-7410Paragon Listing ID: E4138998 (id:65958)

Subtype
Office
Living area
29,400 square feet
Lot dimensions
0
On market
Dec 22, 2025
Status changed
Apr 18, 2026
Photos
1
MLS#
43690149
Area
ATHABASCA_TOWN
Negative cash flow ~$6,612/mo at these assumptions

Cash on cash

-11.33%

Cap rate

3.62%

GRM

16.7

Break-even rent

$24,460

Financing

Down payment$700,000
Loan amount$2,800,000
Mortgage$17,178/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,604
Insurance$80
Maintenance$2,917
CapEx reserve$1,458
Vacancy loss$875

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Athabasca Town. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $17,178/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.

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