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Investment signal

$2,500,000

4840 50 Street

Save this home

Beds

Baths

Sqft

27,709

Year

1966

Type

Other

Suite

Investment signal

Location nearby

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

About this home

What a opportunity in the heart of Camrose. This wonderful property has so much potential for a vast array of business's. A total of 27,709 square feet above grade with another 11,880 square feet of basement. This well looked after building has 15,840 square feet available for you to move your business into or divided into smaller bay sizes to lease out. Ample parking, great exposure and arguably the premier location on all of the street. Two excellent tenants already in place! Whether your considering a new start up, investment opportunity or wanting to move your existing business, this might just be the property you've been waiting for. (id:65958)

Subtype
Other
Structure
Commercial Mix
Community
Downtown Camrose
Living area
27,709 square feet
On market
Jan 20, 2024
Status changed
Apr 15, 2026
Annual tax
$47,944 (2019)
Zoning
C1
Photos
11
MLS#
A2102774
Area
CAMROSE
Negative cash flow ~$2,610/mo at these assumptions

Cash on cash

-6.26%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,247

Financing

Down payment$500,000
Loan amount$2,000,000
Mortgage$10,134/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,146
Insurance$80
Maintenance$2,083
CapEx reserve$1,042
Vacancy loss$625

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $10,134/mo at 4.5% with 20% down, 30-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 15, 2026.

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