The Opportunity

Overview

An excellent investment opportunity in Lloydminster! Located at 5501 51 Street, this well-maintained property was formerly used as a church and has since been converted for daycare use, with an established daycare tenant currently occupying the building. The property offers a functional layout with plenty of space to accommodate its current use, along with a fully finished lower level featuring a fully functioning kitchen and additional room for activities and programming.Outside, the generous yard and green space provide plenty of room for outdoor play, activities, and gatherings. The large, fully paved parking lot offers convenient access and plenty of parking for staff, parents, and visitors, while the detached cold-storage garage provides valuable additional storage for equipment and supplies.The building has benefited from previous improvements, including flooring, furnaces, air conditioning, and shingles. With its existing tenant, practical layout, fully paved parking lot, and usable outdoor space, this property presents an attractive opportunity for an investor looking to add a leased commercial property to their portfolio. (id:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 2,654 square feet
Site area: 12,492 square feet
Listing brokerage: RE/MAX OF LLOYDMINSTER
Listing representative: Wade Graham
Board / association: Lloydminster

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Financial information

Asking price$598,000

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Location intelligence

5501 51 Street
Lloydminster, Alberta T9V0P9

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Documents

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From interest to a decision

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01Clarify what is offered

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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 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 →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: 30403143
Last supplied (UTC): October 15, 2026
Listing brokerage: RE/MAX OF LLOYDMINSTER
Listing representative: Wade Graham
Board / association: Lloydminster

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Listing brokerage: RE/MAX OF LLOYDMINSTER · Listing representative: Wade Graham · Board/association: Lloydminster · Updated (UTC): Oct 15, 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.

Business opportunity