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15851 116 Ave NW

5,460 SF Flex Condo Unit Offered at $618,137 USD in Edmonton, AB T5M 3W1

Investment Highlights

  • Well-appointed office and warehouse building
  • In proximity to Yellowhead Trail and 170 Street
  • Free surface parking

Property Facts

Price $618,137 USD
Unit Size 5,460 SF
No. Units 1
Total Building Size 38,000 SF
Property Type Flex (Condo)
Property Subtype Light Manufacturing
Sale Type Investment
Building Class C
Floors 2
Typical Floor Size 25,697 SF
Year Built 1979
Lot Size 0.63 AC
Parking Ratio 1/1,000 SF

1 Unit Available

Unit 15851

Unit Size 5,460 SF
Price $618,137 USD
Price Per SF $113.21 USD
Condo Use Flex
Sale Type Investment
Cap Rate 6.30%
NOI $38,942.61 USD
Description

- Well appointed office unit
- 4,400 sqft of office and 1,300 sqft warehouse with grade loading and 10' ceilings
- Small outdoor storage area
- High end finishes with generous common areas
- IH zoning, ideal for contracting companies, engineering firms, other trades

Floor Plan
View Photo Floor Plan

Major Tenant Information

TENANT SF OCCUPIED LEASE END DATE
HIBCO Construction 12,500 SF -

Amenities

  • Signage
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code IH ((Heavy Industrial))
IH ((Heavy Industrial))
  • Listing ID: 22243176

  • Date on Market: 2/15/2021

  • Last Updated:

  • Address: 15851 116 Ave NW, Edmonton, AB T5M 3W1

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