This business in Edmonton offers a 3.00 ac lot. Built in 2011. The property has lot dimensions of 130680.
Offered for sale is a fully net leased restaurant/commercial kitchen located in the highly desirable Ellerslie Industrial neighborhood in southwest Edmonton. This centrally located main floor retail bay is leased to a take-out restaurant on a long term lease since 2022. The current rental rate provides a net operating income reflecting a 7.5% capitalization rate (based on list price). With future ability to renew at higher rates built into the lease. This property is desirable to businesses as it provides a turnkey commercially approved commercial kitchen, in a small affordable footprint, with access to new residential areas on the doorstep to South Edmonton Common.Other Property Types: RetailSubject Space Width: 15Ownership Interest: Condo PropertyTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Chad SnowAppointment Phone: 780-436-7410Paragon Listing ID: E4463339 (id:60351)
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Listed by Chad Snow, NAI Commercial Real Estate Inc
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Listing represented by Chad Snow, NAI Commercial Real Estate Inc · MLS# 43688459
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.