4702 50 Avenue, Camrose
$635,000
MLS® # A2279632
Coldwell Banker Battle River Realty
5017 51 Street , Camrose
$799,000
0 Beds
0 Baths
0 Sqft
.14 Acres
0 Garages
Ideally positioned in the heart of downtown Camrose, this exceptional commercial property offers a rare opportunity to secure a prominent presence within one of Alberta’s most active and growing regional centres. The city’s population of approximately 20,000, supported by a regional trading area nearing 100,000, provides a strong and stable foundation for long-term commercial success.
The property is mostly vacant and soon to be redevelopment-ready, offering approximately 11,000 square feet of highly versatile space across two expansive levels. The main floor boasts impressive 14-foot ceilings, creating an open and commanding environment ideal for premium retail, hospitality, or professional use, while the lower level features 10-foot ceilings, providing substantial additional flexibility for commercial, office, or support functions. Significant capital upgrades enhance the building’s functionality, including two rooftop HVAC units, central air conditioning, and a modernized electrical system with 3-phase power and 200-amp service—allowing for a broad range of commercial applications with minimal additional investment. This asset is exceptionally well suited for a variety of uses, including—but not limited to—restaurant or lounge concepts, fitness or martial arts studios, spa and wellness centres, professional offices (accounting, legal, medical, or therapy), educational or training facilities, community or institutional use, food services, or multi-tenant commercial redevelopment. Further enhancing its appeal, the property is located on a street experiencing significant new development within the downtown core, underscoring the area’s ongoing revitalization and growth momentum. Offered significantly below appraised value, this property combines a prime downtown location, robust infrastructure, and outstanding adaptability—presenting a compelling investment opportunity for discerning investors, entrepreneurs, and organizations seeking long-term value in one of Alberta’s key regional hubs.
Essential Information
MLS® #A2279047
Price$799,000
Acres0.14
Year Built1961
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address5017 51 Street
SubdivisionDowntown Camrose
CityCamrose
CountyCamrose
ProvinceAlberta
Postal CodeT4V1N5
Interior
HeatingForced Air, Natural Gas
CoolingCentral Air
Exterior
RoofFlat
FoundationPoured Concrete
Additional Information
Zoning4
Office
Royal LePage Rose Country Realty
LISTING MAP
Properties for Sale Similar to 5017 51 Street , Camrose, Alberta
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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.
