12,280 ft2
$3,850,000
Investor Alert! Exceptional opportunity to own a new, high-exposure 12,000+ sq.ft. retail/office building on bustling 118 Avenue—earning over $222K in net income at just 60% leased! This modern, well-designed asset features a 10 years secure long-term leases with established retail tenants on the main floor. The second floor offers 5,500+ sq.ft. of prime space with flexible zoning—ideal for medical, professional offices, fitness, restaurant/bar, or future residential units**. offering huge upside as you lease it out. Bonus income from a digital billboard adds to the strong returns. Surrounded by major anchors like McDonald’s and St. John Ambulance, with ample parking and minutes to downtown & Blatchford. New construction. Proven income. Massive growth potential. A smart investment in one of Edmonton’s busiest corridors! (id:57557)
Property Details
MLS® Number
|
E4442088 |
Property Type
|
Retail |
Neigbourhood
|
Prince Charles |
Building
Constructed Date
|
2022 |
Size Interior
|
12,280 Ft2 |
Land
https://www.realtor.ca/real-estate/28461709/12220-118-av-nw-edmonton-prince-charles