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$359,900

5516 53 Avenue — Drayton Valley, Alberta

T7A1C5

4,800Sq Ft
1978Built

About This Property

Excellent investment opportunity with this 4,800 sq ft concrete block commercial building, ideally located just off 50th Avenue and only two blocks from the Highway 22 junction. The property is fully tenanted, generating a net income of approximately $36,735/year. The front unit features a professional layout with a reception area, lounge, showroom, two large offices, a 3-piece bathroom, a spacious shop with two 16 overhead doors, and an upper mezzanine that s approximately the size of half the unit s square footage. The rear unit includes two large shop bays, each with a 16 overhead door. Both tenants pay $2,100/month plus half the utilities. The building offers solid construction, excellent access, and flexible space suitable for a range of commercial uses. A great turnkey opportunity for investors seeking steady cash flow in a high-visibility, easily accessible location.Other Property Types: IndustrialOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointme (id:63357)

Property Location

Property Details

Property Type
Commercial
Living Area
4,800 sqft
Year Built
1978
Status
Active

Location & Neighborhood

What's nearby 5516 53 Avenue

Parks & Recreation

Local Amenities

Dining

Coffee & Cafes

Fitness

Banking

POI data updated 3/19/2026

Drayton Valley Market Snapshot

81

Active Listings

$320K

Median Price

0

Avg Days on Market

Last updated: Mar 19, 2026

Listed by

Century 21 Hi-Point Realty Ltd

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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