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Julie Pollard

julie.pollard@exprealty.com +1(250) 280-9666

$ 749,900

Est. payment | -/mo

2,703 SqFt

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$ 749,900

Est. payment | -/mo

Save Virtual Tour

2,703 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2703

Square Footage 2,703 sqft

Price per Sqft $277

MLS® Listing ID A2265377

Year Built 1977

Property Description

**JUST REDUCED**Here's your chance to own a fully leased, non condo commercial property right in the vibrant core of Uptown Olds. Spanning 2703 sq ft, this solid masonry building has been home to a trusted physiotherapy clinic for over two decades. The tenant recently committed to a brand-new 10-year Triple Net lease—complete with a rent increase at the halfway mark—meaning they cover all operating costs, including taxes, insurance, and maintenance. For you, that translates into a dependable, low-maintenance income stream.Inside, the space is bright, welcoming, and impressively well-kept. The layout includes five private treatment rooms, a large open exercise area with two additional treatment spaces, a professional reception and waiting area, an office, file storage, two washrooms (one with a shower), and a laundry room. Comfort is ensured with three forced-air furnaces and central air conditioning that have been regularly maintained.Built on a slab-on-grade foundation, the property benefits from excellent natural light thanks to its east-facing front and sunny south exposure. The location offers great visibility and is surrounded by other professional services, all within a walkable district. Current lease terms are $21.00/sq ft for years 1–5 and $23.00/sq ft for years 6–10, producing an average net operating income average of approximately $60,016 annually. An ideal, hands-off investment with a long-standing, reliable tenant and strong future income potential. Solid tenant already in place with a long lease, and positive cash flow. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Central heating, Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Virtual Tour https://youtube.com/shorts/01-xHGV6b78?feature=share

Listed by The Real Estate District

Nearby Locations

More Than a Realtor—Your Trusted Real Estate Partner

About

With over 20 years of proven results, I’ve built a reputation as one of the Fraser Valley’s and Okanagans most trusted and successful Realtors. My clients know me for sharp negotiation skills, deep local expertise, and a relentless commitment to achieving the best outcomes—whether buying, selling, or investing.

Products & Services
Expert Guidance – Personalized support for buyers and sellers navigating the Fraser Valley market.

Customized Marketing Plans – Tailored strategies to showcase your property and maximize exposure.

Local Expertise – In-depth knowledge of Abbotsford, Chilliwack, Langley, Mission, and surrounding communities.

Comprehensive Search Tools – Access the latest Fraser Valley listings with advanced home search options.

Proven Selling Strategies – Strategic advice to help you sell quickly and for the best price.

Market Insights – Accurate analysis and up-to-date trends to keep you informed and confident in your decisions.

WHAT CLIENTS SAY:

"We hired Julie as our realtor and she always went above and beyond the call of duty for us.She found us the perfect place it took some time but she said be patient and she was right highly recommend Julie as a realtor." - WR
“Julie Pollard is an extremely knowledgeable and professional Realtor who puts the needs of her clients as her priority. She is well informed about the areas she serves which makes her best placed to advise people who may be new to the region and she is a fabulous negotiator. I highly recommend Julie to friends, family and anyone who is looking for honest upfront service." - SJ
“Julie is a professional. She brings years of experience.and along with her phonographic talent will make your property shine. I am very pleased to recommend her when selling your home! No one works harder!!" -SS

+1(250) 280-9666

julie.pollard@exprealty.com

5120 50 Avenue Olds, AB T4H1A5

Julie Pollard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5120 50 Avenue