5031 50 Street
Sold Listing

5031 50 Street

5031 50 Street, Sylvan Lake

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$688,000Price
3,271Sq Ft

Prime Retail Location by the Lake.

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Prime Retail Location by the Lake! A golden Opportunity for Business and/or Investment. Are you in search of a prime location for your business or perhaps you're an investor looking for a profitable venture. We have an exciting opportunity that combines the best of both worlds. This recently updated retail space spans a generous 3271 sqft, providing ample room for any business to thrive. There's even parking at the back! Whether you're planning to open a chic boutique, a cozy cafe, or a bustling bookstore, this property is versatile enough to accommodate your vision. The property also boasts two well equipped offices, making it an ideal choice for businesses that require administrative spaces. But the real charm of this property lies in its location. Situated by the Lake its sure to attract customers. The possibilities are endless! However, if you're more inclined towards investment, this property offers an equally lucrative opportunity. The tenant provides you with a stream of income right from day one. This makes it an ideal choice for those looking to invest in real estate. The property has been recently updated, ensuring it that it meets modern standards and requirements. Its ready to go as soon as you are!

Specifications

Property Details

Property TypeCommercial
Property SubtypeBusiness
StructureRetail
Transaction TypeFor Sale
Living Area3,271 sq ft
Building Area3,271 sq ft
Lot Size6,750 sq ft
Lot Acres0.1500
Year Built1989
Sold Price$650,000
Annual Taxes$8,101 (2025)
Tax Assessment$498,000
ZoningCW
PossessionUpon Completion
Occupant TypeTenant
Days on Market160
ListedSeptember 18, 2025
Sold DateFebruary 25, 2026
NeighbourhoodDowntown
MLS NumberA2258432
The Location

Downtown

5031 50 Street, Sylvan Lake, Alberta, T4S 1P9

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage Network Realty Corp..

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $8,101. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Sold. MLS A2258432. Listed September 18, 2025. Listed by Royal LePage Network Realty Corp..

Interested in this property?

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this exceptional listing.

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: March 17, 2026.