5056 50 Street - Main photo, Innisfail, Alberta

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$410,000

5056 50 Street — Innisfail, Alberta

T4G1S7

Century 21 Maximum

2,357Sq Ft

1967Built

2,649Lot Sq Ft

About This Property

Rare fully-occupied investment offering in downtown Innisfail. This 2,357 SF freestanding building sits on a high-visibility corner lot at the west entrance to town on Main Street, with three-sided signage exposure. Occupied by the Alberta Government under a licence agreement generating $32,400/year (7.9% cap rate at asking), with scheduled increases to $34,800/year by 2028/29. Property tax partially exempt while government-occupied, keeping carrying costs low for ownership. Recent capital investment includes ~$100,000 in renovations and two HVAC units being replaced new ahead of listing, removing near-term capital risk for a new owner. A low-maintenance, essential-service tenant hold, priced to reflect current small-town Alberta cap rates. (id:63357)

Century 21 Maximum

Property Location

Map

Property Details

Property Type: Commercial
Building Area: 2,357 square feet
Living Area: 2,357 sqft
Above Grade Area: 2,357 sqft
Year Built: 1967
Status: Active

Location & Neighborhood

What's nearby 5056 50 Street

Nearby Schools

Innisfail High School
secondary
0.5 km
Innisfail Middle School
elementary
0.6 km
John Wilson Elementary School
elementary
0.6 km

Parks & Recreation

Pythian Park
park
0.6 km
John Wilson Playgrounds
park
0.7 km

Local Amenities

Dining

Pizza Hut13m
Golden Cottage85m

Banking

RBC0.2 km
Scotiabank0.2 km

Pharmacy

Pharmasave0.2 km
I.D.A.0.4 km

POI data updated 7/16/2026

Innisfail Market Snapshot

Active Listings

$425K

Median Price

—

Avg Days on Market

Last updated: Jul 16, 2026

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$410,000