The Opportunity

Overview

Discover an exceptional opportuntiy with this fully rebuilt commercial building, strategically situated in the heart of downtown Whitecourt. Located on Main Street, this prime location offers unparalleled access to essential amenities, with 3 banks, shopping, hotels, brew houses, and a variety of restaurants, etc. just steps away. With over 5250 sq ft of versatile space, this building was completely renovated in 2013 to Pharmasave, including a new Cozy Foam Roof, ensuring modern facilities and infrastructure. ENTREPRENEUR ALERT- this building, with its combination of retail/open space and many clinic ready offices, the right person could operate their own business while generating income and foot traffic by renting rooms out to other professionals. This could be an ideal location for a doctor's office, pharmacy, vet clinic, medical imaging, Dentist offices, or combination of many ventures. Imagine owning your own business and having other businesses pay your rent for you! There are 5 doctors offices with sinks, a compounding area, counselling rooms, pharmacy, large retail space. All Millwork to stay. Double doors for inventory and storage rooms, 3 bathrooms, one public. The sky is the limit with this great building in a great locations. (id:61970)

Investment highlights

01Retail

Property details

Property type: Retail
Transaction: For sale
Building area: 5,250 square feet
Listing brokerage: RE/MAX ADVANTAGE (WHITECOURT)
Listing representative: Jim Rennie
Board / association: Alberta West

Financial information

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Location intelligence

5112 50 street
Whitecourt, Alberta T7S1V4

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Documents

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29127731
Last supplied (UTC): July 16, 2026
Listing brokerage: RE/MAX ADVANTAGE (WHITECOURT)
Listing representative: Jim Rennie
Board / association: Alberta West

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: RE/MAX ADVANTAGE (WHITECOURT) · Listing representative: Jim Rennie · Board/association: Alberta West · Updated (UTC): Jul 16, 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.