For questions about municipal activities such as zoning, land-use, permits, incentives
Morgan Roberts Economic Development Officer, Town of Edson 780-728-8313 | [email protected] https://www.edson.ca
Overview
This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating $10,900 per month in rental revenue. The building is configured into multiple rentable units, providing diversified income, with the option to reconfigure into a single large operation if desired. Situated on 12 titled lots, the property offers ample on-site parking for staff and customers, excellent access, and a loading/unloading dock ideal for retail, service, or light commercial users. With strong exposure from Highway 16 in both eastbound and westbound directions, the location supports long-term tenant demand. The building has benefited from several upgrades over the years, including capital improvements completed in 2024, such as a new rooftop A/C and heating unit, fire panel upgrade, and new flooring in select areas, helping reduce near-term capital expenditure for a new owner. Zoned C-2 Service Commercial, this well-maintained asset presents a compelling opportunity for investors seeking stable cash flow, future upside, and flexibility in use within one of Edson’s most accessible commercial corridors.
Details
Available Space:
24385ft²
Price:
$995,000
Location Street Address:
5023 3rd Avenue
Space Year Built:
1974
Property Types:
Other
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 16 - Less than 1 km (High Load Corridor)
- Highway 748 - Less than 1 km (High Load Corridor)
- Highway 16X - 1.75 km (High Load Corridor)
- Highway Township Road 534 - 1.95 km (High Load Corridor)
- Highway Range Road 180 - 4.96 km (High Load Corridor)
Nearest hospital:
- Edson Healthcare Centre - 2.01 km
Nearest airports:
- Local: Edson Airport - 2.17km
- International: Edmonton International Airport - 191.93km
Nearest Historic Site
- Historic site designation: 4c
- HRV(4): contains a historic resource that may require avoidance or assessment
- Category (c): cultural
Nearest powerlines:
- AltaLink - 890L 138kv - 1.98 km
Nearest substations:
- EDSON - 58S , AltaLink - 4.62 km
Nearest railways:
- Canadian National, Class : Main - 0.28 km
Nearest gas franchise area:
- ATCO Gas & Yellowhead Gas Co-op - Town Of Edson
Nearest Power Plant:
-
Edson (TLM2), Repsol Canada Energy Partnership - 8.48 km
Cogeneration, 13 MW
Fibre Internet Availability:
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
| Type | Name | Operated By | Types of Products Shipped | Distance |
|---|---|---|---|---|
| Transload | CN Edson | CN DISTRIBUTION CENTRE |
|
0.31 KM |
| Yard | CN Hinton Yard | Canadian National |
|
79.13 KM |
| Yard | CN Wabamun Yard | Canadian National |
|
129.65 KM |
| Yard | CN McLennan Yard | Canadian National |
|
238.96 KM |
| Grain | CN Mclennan Grain Terminal | Cargill Ltd. |
|
240.32 KM |
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Edson, AB
Edson has a median family income of $120,450 compared to the Alberta median of $114,600
Edson has higher network speeds compared to other municipalities in Alberta
Edson's workforce is specialized in Oil and Gas Extraction, Manufacturing, and Accommodation and Food Services
Community Economic Details: Edson, AB
Click on a tile to open the indicator page and view more details.
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