Here is a prime investment opportunity to acquire a fully leased, 11,700 SF two-storey commercial building in a coveted Whyte Avenue location. This well-maintained, concrete block structure offers significant existing income with clear upside potential, supported by 10 on-site rear parking stalls. Situated in a vibrant and trendy area, the property benefits from exceptional exposure to a daily consumer count of over 110,173 people, with excellent accessibility for pedestrians, cyclists, transit users, and vehicles. With regional population growth expected to climb 12.7% within the next five years, this asset is perfectly positioned for future appreciation. To facilitate your due diligence, a new Environmental Report and a Building Condition Report are available. (id:57919)
| MLS® Number | E4454138 |
| Property Type | Retail |
| Neigbourhood | Ritchie |
| Constructed Date | 1975 |
| Size Interior | 11,700 Sqft |
| Acreage | No |
| Size Irregular | 4268.88 |
| Size Total | 4268.88 Sqft |
| Size Total Text | 4268.88 Sqft |
https://www.realtor.ca/real-estate/28763704/10117-82-av-nw-edmonton-ritchie
Contact us for more information
Conrad M. Langier
Broker
(587) 989-7368
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