Courtesy of Danh Tran of
RE/MAX Real Estate
10834 97 Street
Edmonton
T5H 2M3
$479,888
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4333548
- Build. Type:
- Freestanding
- Photos (11)
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Approximate 2255 sq.ft. two storey mixed commercial building in Vietnam and China Town. Main floor retail currently rented for $1,400.00 per month for last over 10 years. Three bedroom suite upstairs rented for $600.00 per month (previous $1,300.00), 1 bedroom suite in basement rented for $500.00 per month. Triple detached garage with storage on top currently used by the sellers (could be rented out for additional income). Big lot approximately 6600 sq.ft., CB2 zone. Some upgrades in the last 5 years such as: new roof, laminate floor, tile, toilet, 2 new windows on second floor. Sellers quite motivated will look at offers.
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial, Retail
- Construction:
- Wood Frame
- Building Type:
- Freestanding, Mixed Use, Commercial Mix
- # Units:
- 2
- Tot Pkg Spaces:
- 6
- # Storeys:
- 2.0
- Year built:
- 1947 (Age: 76)
- Total Floor Area:
- 2,255 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- CB2
- Plan:
- NA
- Title to Land:
- Freehold
- LINC Number:
- 0013815007
- Num. of Parcels:
- 1
- Cap Rate %:
- 2.8
- Gross Operating Income:
- $30,000
- Other Income:
- $0
- Effective Gross Income:
- $0
- Net Operating Income:
- $13,500
- Total Oper. Expenses:
- $16,500
- Tot Expenses:
- $30,000
- Entry date:
- Apr 01, 2023
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Data was last updated May 28, 2023 at 06:30 AM (UTC)
- TERRIE REEKIE
- RE/MAX RIVER CITY
- 1 (780) 9088090
- Contact by Email
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R
Terrie M Reekie
Re/Max River City
Office Address:
13120 St. Albert Trail
Edmonton, AB, T5L 4P6