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Courtesy of RE/MAX River City.
Data was last updated 2025-06-25 at 20:18:11 GMT
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.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4278491
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $810,000
General Information
- Year Built:
- 1949
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This property is listed by RE/MAX River City and provided here courtesy of
John Carter.
For more information or to schedule a viewing please contact John Carter.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.