For Sale · Specialty

4901 49 Avenue, Olds

4901 49 Avenue, Olds, AB T4H1E3

$328,000 total

1,142 SF

Asset Class

Specialty

Size

1,142 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$287

Occupancy

92%

Year Built

1977

Lot Size

0.19398530762167127 ac

About this property

Opportunity to run your own small business! This 1142 square foot building, built in 1977, located in central Olds, on the east side the tracks. There is a reception area, 5 offices, a 2 piece bath and a mechanical room. The building has a brand new roof in 2026 and upgraded electric. This building sits on a 8450 square foot parcel of land with lots of room to expand or for parking. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$328K
Down payment30% · $98K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$3K

Cash-on-cash

2.70%

DSCR

1.15

Going-in cap

6.35%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics494 SF2027-08
Vector Robotics400 SF2027-08
Vector Robotics400 SF2027-08
Vector Robotics400 SF2027-08

Area demographics

Trade area within 3 miles of the property.

Population

92,837

Households

38,269

Median income

$65,000

Median age

40

Daytime population

143,708

5-yr growth

2.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4901 49 Avenue, Olds.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.