Royal Lepage Mission

  • Home
    • A little bit about Chris
    • What Chris' clients think
  • Properties
    • Active Listings
    • Recent Sales
    • Map Search
    • Property Search
  • Sellers
    • The selling process
    • Non Resident Sellers
    • Road Map to Selling Your Home
    • Establishing Your Price
  • Buyers
    • The buying process
    • 7 Steps to Home Buying Success
    • Buying Costs to Consider
  • Houses
    • N .W. Calgary Houses
    • S.W. Calgary Houses
    • N.E. Calgary Houses
    • S.E. Calgary Houses
  • Condos
    • N.W. Calgary Condos
    • S.W. Calgary Condos
    • N.E. Calgary Condos
    • S.E Calgary Condos
  • Commercial
    • Chris Tarves Commercial Real Estate
    • Recent Sales
  • Blog
  • Links
  • Contact
  • Monthly News
Not Logged In. Sign In Now | Register
  • Account
  • Saved Searches
  • Favorite Listings
  • Market Analyzer
Data was last updated 2025-10-22 at 10:55:05 GMT
$899,900

5120 50 Avenue   Olds, Alberta

  • Mortgage Calculator
  • Inquire Via Email
  • Printable Version
  • Add to Favorites
MLS®: A2265377
URL:    
  •  
  • Photos
  • View on Map
  • Street View®
  • WalkScore®
  • Statistics
Here?s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease?complete with a rent increase at the halfway mark?meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.
Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with two newer forced-air furnaces and central air conditioning.
Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1?5 and $23.00/sq ft for years 6?10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential.
Here?s your chance to own a fully leased, stand-alone commercial property right in the vibrant core of Uptown Olds. Spanning 2,537 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease?complete with a rent increase at the halfway mark?meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream. Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with two newer forced-air furnaces and central air conditioning. Built in 1977 on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1?5 and $23.00/sq ft for years 6?10, producing an average net operating income of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential.

Listing Information

Prop. Type:
Office (Commercial)
Status:
Active
City:
Olds
Neighbourhood:
NONE
Area:
Mountain View County
Province:
Alberta
MLS® Number:
A2265377
Listing Price:
$899,900

General Information

Year Built:
1977

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by The Real Estate District and provided here courtesy of Chris Tarves. For more information or to schedule a viewing please contact Chris Tarves.
Chris Tarves
SUTTON GROUP CANWEST
Phone: 4032789208
Mobile Phone: 4036067334
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Chris Tarves, licensed Salesperson in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2025, All Rights Reserved | Privacy Policy | Mobile Site | Ubertor IDX by

IDX Listings

  • 4036067334
  • chris@christarves.com

christTarves-footer-photo Chris Tarves Royal Lepage Mission

  • Suite 101A, 3740 11A St N.E., Calgary, Alberta, T2E 6M6
  • Mobile: 4036067334
  • Office Phone: 403-457-4292
  • Email: chris@christarves.com
Royal LePage

The Trademarks REALTOR, REALTORS And The REALTOR Logo Are Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA. Used Under License. The Trademarks MLS, Multiple Listing Service And The Associated Logos Are Owned By The Canadian Real Estate Association (CREA) And Identify The Quality Of Services Provided By Real Estate Professionals Who Are Members Of CREA. Used Under License.


Copyright © 2025. Royal Lepage Mission. All rights reserved.

  • Privacy Policy
  • Sitemap
  • Real Estate websites for Agents

Sitemap Privacy Policy
Ubertor Logo

Copyright© 2018. Chris Tarves. All rights reserved.