5023 3rd Avenue

Key facts

• Property type: Other
• Structure: Commercial Mix
• Transaction: For Sale
• Price: $995,000
• Interior size: 24,386 sqft
• Lot size: 59320.00
• Year built: 1974
• Listing key: 29334048

Listing overview

This highly visible commercial property offers over 24,000 sq. ft. of flexible space and is currently generating class="container" id="details-container"0,900 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 ne...