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4932 50 ST Lougheed, AB T0B 2V0
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Key Details
Sold Price $83,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Lougheed
MLS® Listing ID A2255672
Sold Date 11/22/25
Year Built 1981
Annual Tax Amount $1,939
Tax Year 2024
Property Sub-Type Mixed Use
Source Central Alberta
Property Description
This unique and versatile commercial property offers a fantastic opportunity for investors, business owners, or developers. Situated on a 50' x 120' lot, the 2500 square foot building features a diverse mix of income generating spaces, including a fully operational laundromat, a mechanical bay (previously a wash bay), a cafe space, and upper level living quarters. The laundromat has an established customer base with multiple washers and dryers. The mechanical bay (Former Wash Bay) has a high ceiling bay with overhead door. Ideal for auto repair, detailing, or light industrial use. Could easily convert back to a wash bay. The cafe space has a charming cafe setup with seating area for 35 patrons, kitchen space for food prep and a dry storage area with delivery door. Potential for coffee shop, deli, or take out restaurant. The upper level living quarters has 2 spacious bedrooms each with their own baths and a bonus room for entertaining. This is perfect for a owner/operator or rental income. There is ample parking in a prime location on main street with multiple revenue streams. Add this commercial property to your portfolio.
Location
Province AB
County Flagstaff County
Zoning C
Interior
Heating Forced Air
Exterior
Roof Type Metal
Building
Lot Description Corner Lot, Street Lighting
Foundation Slab
Others
Restrictions None Known
Tax ID 57075049
Ownership Private
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