This retail in Edmonton offers a 5,223 sqft lot. Built in 1956. The property has lot dimensions of 5222.844.
Presenting a well-maintained and highly attractive retail investment opportunity, ideal for investors seeking stable and long-term value. This property is anchored by a reliable, long-standing tenant, offering consistent income with a secure lease in place through July 2029—providing peace of mind and predictable cash flow.Strategically positioned in a high-visibility, high-traffic location, the property benefits from excellent exposure, making it a prime spot for sustained retail success. Recent capital improvements include a new SPF (spray polyurethane foam) roofing system completed in 2024, enhancing durability and reducing near-term maintenance concerns.The asset is uniquely comprised of two freestanding buildings situated on separate lots, offering flexibility and future upside potential. Should the need arise, the buildings can be leased independently, allowing for diversified tenancy options or phased occupancy strategies.This is a rare opportunity to acquire a turnkey retail property with strong fundamentals, modern upgrades, and built-in adaptability for evolving investment goals. (id:60351)
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Listed by Syamal Raha, RE/MAX Excellence
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Listing represented by Syamal Raha, RE/MAX Excellence · MLS# 44565351
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.