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9303 111 Av Nw Edmonton, Alberta T5G 0A2

6000 sqft

$810,000

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. (id:49443)

Property Details

MLS® Number E4278491
Property Type Retail
Neigbourhood Mccauley
Amenities Near By Public Transit
Community Features High Traffic Area
Features Visual Exposure, Flat Site, Paved Lane, Lane

Building

Constructed Date 1949
Size Interior 6000 Sqft

Land

Acreage No
Land Amenities Public Transit

https://www.realtor.ca/real-estate/24064379/9303-111-av-nw-edmonton-mccauley