The Opportunity
Overview
This is your chance to acquire one of Camrose’s most iconic heritage buildings — a provincially designated 18,000 sq ft commercial landmark with income in place and major redevelopment potential. Located right in the downtown core, this property offers unmatched character, visibility, and long term upside.The main floor (6,000 sq ft) is leased to a long standing restaurant tenant delivering reliable annual income. The second floor (6,000 sq ft) and basement (6,000 sq ft) are vacant and ready for transformation — boutique hotel, offices, studios, event venue, or mixed use redevelopment. With flexible C1 zoning, the property supports retail, restaurants, offices, personal services, entertainment venues, and even upper floor residential or hotel uses, giving buyers exceptional freedom in shaping its future. As a heritage designated property, the building does qualify for provincial heritage conservation grants. Much of the building’s plumbing, electrical, and water systems have been upgraded, enhancing reliability and reducing future capital investment. These improvements support modern commercial operations while preserving the building’s historic charm. (id:61970)
Investment highlights
- 01Retail
Property details
- Property type
- Retail
- Transaction
- sale
- Site area
- 12445.1878 square feet
- Listing brokerage
- ComFree
- Listing representative
- Erin Holowach
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 30181308
- Last supplied
- August 23, 2026
- Listing brokerage
- ComFree
- Listing representative
- Erin Holowach
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: ComFree · Listing representative: Erin Holowach · Updated: Aug 23, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
