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Investment signal

$750,000

5305 49 Street

Beds

Baths

Sqft

9,100

Year

1975

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

For Sale – 9,100 sq ft multi-bay commercial building in high-visibility location on a truck route in Wetaskiwin, AB. Features 4 independent bays: Bay #1 (4,760 sq ft) with retail, 4 offices, 12' ceilings, 10'x14' OHD, and 2pc bath; Bay #2 (1,920 sq ft) and Bay #3 (1,920 sq ft) with 16' ceilings, 20'x16' OHDs, radiant heat, offices, storage, and bathrooms; Bay #4 (486 sq ft) finished office space. All bays are self-contained and can be combined via a common area. Current tenants include a heavy-duty truck repair shop, taxi office & repair, fire suppression company, and electrical contractor. All leases are all-inclusive, and tenants are open to short or long-term lease terms. Block construction with ongoing upgrades. Located 35 minutes south of Edmonton, Wetaskiwin offers lower taxes, skilled labor, and strong transportation access. A turnkey investment or owner-user opportunity with income in place. Great Investment Opportunity! (id:65958)

Subtype
Office
Structure
Offices
Common interest
Freehold
Living area
9,100 square feet
Lot size
1,570.06 square meters
Lot dimensions
1570.06
Parking
10 total
On market
Apr 14, 2026
Status changed
Apr 14, 2026
Annual tax
$13,277.32 (2025)
Zoning
GC
Photos
8
MLS#
A2301726
Area
WETASKIWIN

Features and systems

Heating

Radiant heatForced airNatural gasSee remarks

Exterior

Concrete

Construction

Poured concrete

Foundation

Poured Concrete

Lot

See remarks
Negative cash flow ~$1,480/mo at these assumptions

Cash on cash

-11.84%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,308

Financing

Down payment$150,000
Loan amount$600,000
Mortgage$3,681/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$313
Vacancy loss$188

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 Wetaskiwin. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,681/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 14, 2026.

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