4012 118th Ave NW - Storefront FOR SALE


Edmonton, AB T5W 1A1- North
$595,000 CAD
587-855-3547
4012 118th Ave NW, Edmonton, AB for Sale
$595,000 CAD
Storefront - FOR SALE
1/4
null | 6.7% Cap Rate

4012 118th Ave NW
Edmonton, AB T5W 1A1
North


OVERVIEW

Seize this exceptional investment opportunity in the bustling heart of Beverly on 118 Avenue in Edmonton. This small, well-maintained building boasts carefree leases and long-term tenants, making it a hassle-free addition to your portfolio. Stable Tenancy: 3 tenants with tenancies ranging from 7 years to over 20 years. Rental Upside: Current rents are below market, providing future income growth potential. Spacious Units: 3 units, 1,100 square feet each, plus additional basement space. Good Condition: Well-maintained building, qualifying for a facade upgrade grant. Convenient Parking: Fenced parking area at the rear for tenant and customer use.

FOR SALE DETAILS

PRICE

$595,000 CAD

PRICE/SF

$207 CAD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

118 Avenue Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

584 SF

ZONING

CB1

APN/PARCEL ID

5088216

ASK ABOUT THIS PROPERTY

Steven PearsonRE/MAX Commercial CapitalMore Info
587-855-3547

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Steven PearsonRE/MAX Commercial CapitalMore Info
587-855-3547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.