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4903 2 Avenue E
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Edson · Other · under $850,000. Alerts only send when there are new or meaningfully updated matching homes.
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VERSATILE Commercial Building with PRIME highway frontage!! Over 5000 square feet of retail space available, this stand alone building sits prominently on the corner of Hwy 16 and 49th Street In the downtown business core of Edson, Alberta. Newer roof (approximately 3 years old). Large windows on Hwy 16 for great exposure of your business. Lots of parking on 49th and around back of the Building. The property currently has 3 businesses including a gym, a photography studio and an upholstery store ALL with separate entrances. The Upholstery business area has a large mezanine, two offices, a reception area, a huge work area and a garage door for the convenience of pulling in a vehicle/boat/motorbike and furniture for indoor upholstering also has a 2 piece bathroom. The Studio has two storage rooms, a 2 piece bathroom, shower room and photography/work room. The front space (currently used as a gym) has a 33 x 41 approximate area for the gym plus a shower room, office, a 2 pece bathroom and mezzanine area for storage. This highly adaptable building features open floorplans, ample natural light and modern infrastructure making it ideal for a wide range of uses such as office, retail, creative studios, coworking hubs or even event venues and great show room space. It's prime location and flexible layout make it an ideal opportunity for entrepreneurs and investors alike. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.