780-893-9987 RE/MAX Select

Retail Property for Sale

Courtesy of Keith Halabi of Re/Max Select

Property For Sale In Central Mcdougall, Edmonton

 Retail Property for Sale, MLS® # E4181880
  • MLS®#: E4181880
  • Price: $1,050,000
  • Status: Active
  • Year Built: 1993
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Login or Create an Account to Access Financial Information Legal Description Lot Zoning

Opportunity to own a great investment property, approximately 4000 square feet on 107 Ave. The 4 condo units are blocks away from the proposed Ice District II project. More importantly half the building is lease by a NATIONAL Cannabis tenant, "Choom Cannabis" and the other half by a local tenant. First year CAP rate is approximately 7.5% and rising based on asking price and escalating lease. Owner user "potential" is there for 2000 sq feet.

Contact Melody Kilbank About MLS® E4181880

Required Field

Melody Kilbank, 780-893-9987 at RE/MAX Select, 102-12650 151 Ave, Edmonton, Alberta, T5X 0A1

property information

  • Property Type: Retail Property
  • MLS®#: E4181880
  • Year Built: 1993
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Community Information

  • Neighbourhood: Central Mcdougall
  • City: Edmonton
  • Postal Code: T5H 0W2
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$1,050,000

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Disclaimer: Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated March 31, 2020, 10:57 pm.
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