Courtesy of Damir Knezevic of
Century 21 All Stars Realty Ltd
10809 95 ST
Edmonton
T5H 2E2
$875,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4361504
- Bus Major:
- Other/See Remarks
- Bus Minor:
- Other/See Remarks
- Build. Type:
- Freestanding
- Photos (29)
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Introducing a unique investment in the heart of Little Italy: a 2-story property exuding character and potential. The main floor, designed with sophistication in mind, is primed for upscale retail or contemporary office spaces. Ascend to the second floor to find 4 thoughtfully designed bachelor suites, capturing the essence of urban living. The full-height basement resonates with creativity, housing 6 dedicated music studios with long-term tenants. Additional features include a secure rear parking lot with a fenced gate, 3 separate power meters, and a 5ft welcoming frontage, ideal for restaurants or bistros. With CNC zoning and the added advantage of funding from the City's Revitalization Program, this property is not just a purchase it's a vision realized in a thriving community.
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial, Retail
- Major Bus Type:
- Other/See Remarks
- Minor Bus Type:
- Other/See Remarks
- Construction:
- Concrete
- Building Type:
- Freestanding, Residential Mix, Street-Level Storefront
- # Units:
- 4
- Tot Pkg Spaces:
- 4
- # Storeys:
- 2.0
- Year built:
- 1970 (Age: 53)
- Total Floor Area:
- 4,356 sq. ft.
- Retail Area:
- 2,179 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- CNC
- Heating Source:
- Natural Gas
- Plan:
- 9721427
- Title to Land:
- Freehold
- LINC Number:
- 0027046010
- Encroachment
- Num. of Parcels:
- 1
- Cap Rate %:
- 5.77
- Gross Operating Income:
- $72,840
- Other Income:
- $0
- Effective Gross Income:
- $72,840
- Net Operating Income:
- $50,526
- Total Oper. Expenses:
- $22,314
- Tot Expenses:
- $0
- Days On Website:
- 54 day(s)
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Data was last updated December 2, 2023 at 08:30 AM (UTC)
- Clint Kilkenny,Thomas Clark, Sean Gerke & Kelly Vloet
- TRUSTED REALTY GROUP /CENTURY 21 A.L.L.STARS REALTY LTD
- 1 (780) 434-4700
- Contact by Email