Viral Bagadia Phone: 403-291-4440 Email: [email protected]

For questions about government programs and investing in Alberta Email: [email protected]

Overview

An exceptional opportunity to lease approximately **1,650 sq. ft.** of premium retail space in one of Olds' fastest-growing residential communities. Situated on the main floor of a newly constructed mixed-use apartment building with 70 residential units, this space offers businesses immediate access to a built-in customer base while benefiting from the area's continued residential growth. Strategically located along a prominent main roadway, the property offers excellent visibility, easy access, and strong exposure to both local residents and daily commuter traffic. The surrounding neighbourhood is experiencing significant growth, with an established condominium development directly behind the property and additional nearby lands zoned for future multi-family residential development, creating long-term opportunities for increased foot traffic and customer demand. The flexible layout is well suited for a wide range of retail, professional, medical, wellness, and personal service businesses, including -pilates and yoga studios, physiotherapy and chiropractic clinics, massage therapy, aesthetics and medical spas, beauty salons, barber shops, pet food and supply stores, veterinary-related services (excluding overnight boarding), boutique fitness concepts, pharmacies, specialty retail, professional offices, financial and insurance services, tutoring centres, and other neighbourhood-serving businesses. Whether you're expanding an established business or launching a new location, this is a rare opportunity to secure space in a brand-new mixed-use development within one of Olds' most promising growth areas. With a growing residential population, excellent accessibility, and limited new commercial inventory, this location provides an outstanding foundation for long-term business success.

Details
Available Space: 1650ft²
Price: $24/ft²/month
Base Rent: $24/ft²/month
Location Street Address: Unit D, 4510 51st Avenue
Lease Type: direct
Space Year Built: 2026
Property Types: Retail

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 27 - Less than 1 km (High Load Corridor)
  • Highway 2A - Less than 1 km (High Load Corridor)
  • Highway 582 - 14.7 km
  • Highway 587 - 16.09 km
  • Highway 766 - 15.58 km
Nearest hospital:
  • Olds Hospital and Care Centre - 1.01 km
  • Didsbury District Health Services - 15 km
  • Innisfail Health Centre - 27.02 km
  • Myron Thompson Health Centre - 36.51 km
  • Red Deer Regional Hospital Centre - 55.4 km
Nearest airports:
  • Regional: Red Deer Regional Airport - 45.38km
  • International: Calgary International Airport - 75.64km
Nearest powerlines:
  • AltaLink - 443L 138kv - 3.25 km
Nearest substations:
  • OLDS - 55S , AltaLink - 3.18 km
Nearest railways:
  • Canadian Pacific, Class : Main - 0.28 km
Nearest gas franchise area:
  • ATCO Gas - Town Of Olds
Nearest Power Plant:
  • Benalto 1 (VBN1), Versorium Energy Ltd. - 4.22 km
    Simple Cycle, 5 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
Grain CP Olds (HTPE) Richardson Pioneer
  • Grain
2.53 KM
Grain CP Bowden Paterson Grain
  • Grain
16.77 KM
Grain CP Wessex Viterra
  • Grain
34.32 KM
Transload CP Penhold Custom Bulk Services
  • Steel
  • frac sand
  • bulk
  • grain
40.89 KM
Yard CP Red Deer Yard Canadian Pacific
57.69 KM
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Olds, AB
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Olds is home to Olds College, which offers industry demand-driven programming with an intensive focus on agriculture and technology.
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Olds has higher network speeds compared to other municipalities in Alberta.
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Olds is 1.43km from CP Olds (HTPE) rail terminal

Community Economic Details: Olds, AB
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Site Data Provided by: Pillar9 ™
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