Courtesy of Sean T Gerke and Damir Knezevic of Century 21 All Stars Realty Ltd

10874-76-78 97 Street
Zone 13 Edmonton T5H 2M5

$1,150,000
Office

Main Photo: 10874-76-78 97 Street in Edmonton: Zone 13 Office for sale or lease : MLS®# E4347466
Photo 1: 10874-76-78 97 Street in Edmonton: Zone 13 Office for sale or lease : MLS®# E4347466
Photo 2: 10874-76-78 97 Street in Edmonton: Zone 13 Office for sale or lease : MLS®# E4347466
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Status:
For Lease
Prop. Type:
Office
MLS® Num:
E4347466
Bus Major:
Other/See Remarks
Bus Minor:
Other/See Remarks
Build. Type:
Mixed Use
Creative financing will be considered | Currently undergoing major transformation, this versatile building previously housing both residential and commercial spaces, now boasts a full-fledged retail and office facility with a generous area of 7965 sq ft. The top floor contributes around 2970 sq ft to the total, while the ground floor, previously a restaurant, provides about 2518 sq ft. A recording studio currently rents the basement that covers roughly 2475 sq ft. All proposals are welcome. *Please do not approach tenants*
15
Lease Type:
Gross
Lease Term:
12
Transaction Type:
For Sale or Lease
Property Type:
Business, Office, Retail
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Construction:
Concrete Block
Building Type:
Mixed Use
# Units:
0
Year built:
1964 (Age: 60)
Total Floor Area:
7,963 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CB2
Plan:
NA
Title to Land:
Freehold
LINC Number:
0018582388
Cap Rate %:
7.53
Gross Operating Income:
$123,600
Other Income:
$0
Effective Gross Income:
$123,600
Net Operating Income:
$86,631
Lse Op Costs SF:
0
Total Oper. Expenses:
$36,969
Tot Expenses:
$36,969
Days On Website:
252 day(s)
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Data was last updated March 5, 2024 at 02:30 AM (UTC)
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.