Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.
High Cap Rate just over 10%, an Excellent investment with many potential uses. Two title properties - 6000 sq. ft. building plus adjoining vacant lot, on busy street. Demised into 6 fully leased spaces This year actual income is projected at just over $81,000.00 net. There are 3 lots; the building sits on 2 lots. One lot is vacant, paved, and used for parking. The building was built in 1950, 1969 and one warehouse in 1992. There is yearly income from the billboard sign on the vacant lot. Many upgrades with a newer tar roof on the east warehouse and newer roll roofing on remainder. Excellent high traffic area fronting 111 Ave, near Commonwealth and close to Downtown Edmonton.
This property is listed by RE/MAX River City and provided here courtesy of
Anu Khullar.
For more information or to schedule a viewing please contact Anu Khullar.