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$ 625,000
Est. payment /mo
Active
Edmonton, AB T5G0A3
5,222 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44565351
Year Built 1956
Lot Size 5,222 Sqft
Acres 5222.844
Property Description
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:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RE/MAX Excellence