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$ 780,000
Est. payment | /mo
4,556 SqFt
$ 780,000
Est. payment | /mo
4,556 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,556 sqft
Price per Sqft $171
Subdivision Mccauley
MLS® Listing ID E4414828
Originating Board REALTORS® Association of Edmonton
Year Built 1981
Lot Size 3,306 Sqft
Acres 3306.0
Property Description
Unique opportunity with substantial future potential! This iconic mixed-use building is centrally located in the heart of the city, offering unparalleled exposure. Meticulously constructed and owner-managed, it boasts: - Two retail spaces generating rental income, strategically positioned on the main floor facing 97 Street. - Two fully leased, spacious 3-bedroom suites on the second floor with separate entrances and parking. - Recently renovated basement currently rented out for additional income as storage. The owner is selling as part of a retirement plan. Parking is conveniently available around the building through the City of Edmonton, offering 15 minutes of free parking. Moreover, the government has implemented incentives for properties in Chinatown and is actively relocating the homeless population while also closing injection sites in the vicinity. This is an opportune moment to invest, given the ongoing revitalization of the surrounding areas. (id:24570)
Location
State AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Jaffer Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "