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$3,850,000
Est. payment /mo
12,280 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,280 sqft
Price per Sqft $313
Subdivision Prince Charles
MLS® Listing ID E4442088
Year Built 2022
Source REALTORS® Association of Edmonton
Property Description
Investor Alert! Exceptional opportunity to own a new, high-exposure 12,000+ sq.ft. retail/office building on bustling 118 Avenue—earning over $222K in net income at just 60% leased! This modern, well-designed asset features a 10 years secure long-term leases with established retail tenants on the main floor. The second floor offers 5,500+ sq.ft. of prime space with flexible zoning—ideal for medical, professional offices, fitness, restaurant/bar, or future residential units**. offering huge upside as you lease it out. Bonus income from a digital billboard adds to the strong returns. Surrounded by major anchors like McDonald's and St. John Ambulance, with ample parking and minutes to downtown & Blatchford. New construction. Proven income. Massive growth potential. A smart investment in one of Edmonton's busiest corridors! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by Exp Realty