About 50th Ave
Retail Shopping Centre: Fully occupied by 5 tenants—Food Store, Gibbons Liquor Loft, Prime Pizza and Donair, Pit Stop Pub, and Lee’s Restaurant. Built-in Growth: Long-term leases in place featuring built-in rental escalations (e.g., Food Store increases to $11.00/SF; Prime Pizza has scheduled step-ups in Years 3 and 5). Bonus: Two Businesses with extra income:Pit Stop Pub: Beyond standard property rental income, the asset includes the operations of the owner-operated Pit Stop Pub: Robust VLT Income: Delivers $7,500+/month in gaming commissions ($90.4k in FY25)Liquor Loft: also owned by the plaza owner. It delivers $914k 3-yr avg gross sales ($147k avg margin), plus massive upside by cutting $178k+ in hired staff overhead.
Features of 50th Ave
| MLS® # | 45302174 |
|---|---|
| Price | $1,800,000 |
| Bathrooms | 0.00 |
| Type | Retail |
| Status | Active |
Community Information
| Address | 50th Ave |
|---|---|
| Area | Gibbons |
| City | Gibbons |
| County | ALBERTA |
| Province | AB |
| Postal Code | T0A 1N0 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | August 14th, 2026 |
|---|---|
| Days on Market | 26 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Professionals |
|---|