$549,000

6500 sqft

Mix use Retail / Commercial on main floor and Residential suites on second floor. 4 Retail / Commercial units are on therein floor and 5 residential apartments are second floor.It can be 5 commercial units are on main floor as well because one unit is big and not divided. Approximately 6500 Sq ft on 2 floors. Very good investment property with 8.7% Cap rate and long time tenants. Very close to Edmonton & Sherwood Park AB. Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020. (id:45344)

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    Property Details

    MLS® Number E4281118
    Property Type Multi-family
    Neigbourhood Tofield

    Building

    Constructed Date 1972
    Size Interior 6500 Sqft

    Land

    Acreage No
    Size Irregular 3250
    Size Total 3250 Sqft
    Size Total Text 3250 Sqft

    https://www.realtor.ca/real-estate/24130574/5223-50-st-tofield-tofield

    Brian Cyr
    Remax Elite
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
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