The Opportunity

Overview

2,295 sq ft of retail space located on 51st Street in downtown Drayton Valley, AB. Open floor plan with new flooring, upgraded lighting, new hot water tank, new 2-pc bathroom, lots of storage space, and an office area. Two rear parking stalls with rear entrance, plus large municipal parking lot in rear of building, along with street parking on vibrant 51st Street. High visibility location with foot traffic. Retail wall accessory hardware is negotiable. Security system on a contract, and is assumable. (id:61970)

Investment highlights

01Retail

Property details

Property type: Retail
Transaction: For sale
Listing brokerage: Century 21 Hi-Point Realty Ltd
Listing representative: Colin Clarke
Board / association: Edmonton - Commerical

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Financial information

Asking price$299,000

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Location intelligence

5124 51 Street
Drayton Valley, Alberta T7A1S8

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Documents

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From interest to a decision

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01Prepare for the property tour

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Property diligence resources

Listing content supports property discovery and should be independently reconciled to current legal and professional records before a transaction decision.

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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: 29321134
Last supplied (UTC): October 22, 2026
Listing brokerage: Century 21 Hi-Point Realty Ltd
Listing representative: Colin Clarke
Board / association: Edmonton - Commerical

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: Century 21 Hi-Point Realty Ltd · Listing representative: Colin Clarke · Board/association: Edmonton - Commerical · Updated (UTC): Oct 22, 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.