$460,000 + GST if applicable 4806-50 Avenue

Prime commercial building For Sale.

Prime located for your commercial endeavours in downtown Olds.

FEATURES:

 Commercial Grade Kitchen/Bakery - Currently operating as Black Forest Bakery

 Market Area - Currently leased to February 28, 2021/Currently operating as Olds Uptown Market

Six parking stall at the front of the building w/ample street parking

Poured Concrete foundation
 Possible to open whole building up
 Concrete slab floors
 Stucco/Stone exterior w/metal clad roof
 Mix of fluorescent and incandescent lighting
 Three bathrooms - Two are Wheelchair accessible 2 piece baths/One 3 piece bath
 Large storage area
 Storage mezzanine
 Finished office mezzanine
 
Electrical: Three phase power with two 200 amp main panels
Plumbing: Hot water on demand boiler system
HVAC: Four Zone in-floor heating/Full ventilation system to support commercial bakery
LAYOUT: This property has two main areas:
 The front Market Area, currently operating as Olds Uptown Market. Lease runs to February 28, 2021 and is
$2100/month plus utilities, garbage/waste, snow removal and GST.
 The rear area of the building is the Commercial Bakery and is currently operating as Black Forest Bakery. The Black Forest Bakery has two large rooms, one being storage and the other being a prep/baking area. There is a full
ventilation system to accommodate the commercial bakery. The bakery also includes the building’s mechanical room w/boiler, holding tank, electrical and gas meters.
  • $460,000 + GST if applicable   4806-50 Avenue
  • Price: $460,000 + applicable GST
  • Address: 4806-50 Avenue
  • MLS #: A1040020
  • Home Size: 4165 sq. ft.
  • Zoning: C1
  • Taxes: $4639.72 (2021)
  • Age: 1965
  • Possession: 60 Days/Negotiable/Tenant Rights
  • 403-586-2400
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