11902 127th Av NW
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11902 127th Av NW
5,475 SF 100% Leased Retail Building Edmonton, AB T5E 5M3 $993,675 USD ($181 USD/SF)
Investment Highlights
- Consistent long term revenue
- Has ample parking
- located in a quiet mature area of the city
Executive Summary
A Fantastic Opportunity to own this 2 storey plus basement mixed use commercial building. It consists of 7 residential upper units, main floor commercial or retail units, plus a main floor storage unit and there's basement rental as well. There has been consistent long term revenue which helps generate positive cash flow and it's simply a great deal. The Building is located in a quiet mature area of the city, with plenty of parking in the back and side street. Please Note Lot size is 9683 sq.ft. +/- which is plenty of space for a potential re-development by the new owner as well. Numerous upgrades from mechanical/plumbing/heating/interiors. Original building (eastern portion) built in 1979/80. Newer portion (west side) built in 2005/06. The Upper Residential Suites have been totally Gutted from top to bottom and significant amount of the common property as well. Easy access to 97 street and 127 Street also Yellow head Trail and lots of near by amenities with access to the Transit bus.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,475 SF
Building Class
C
Year Built/Renovated
1979/2019
Price
$993,675 USD
Price Per SF
$181 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Parking
8 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Property Manager on Site
- Signage
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
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11902 127th Av NW
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