5410 sqft

Sable Realty is pleased to present the opportunity to acquire a fully leased multi-tenanted mixed use commercial building right in the heart of Alberta Avenue. The leases in place are long-term with personal guarantees. The Property is being offered at a 7.7% Cap Rate. Located just north of downtown, Alberta Avenue boasts more than 200 businesses and services and a vibrant, welcoming community atmosphere for Edmontonians and visitors alike. Going through extensive revitalizations since 2006, the City provided Alberta Avenue with numerous facelift projects such as Edmonton's Streetscape Project and Facade Improvement Matching Grant Program. Great opportunity for a first time investor trying to enter Alberta's hot market. (id:45344)

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    Property Details

    MLS® Number E4321318
    Property Type Retail
    Neigbourhood Parkdale_EDMO
    Parking Space Total 3


    Constructed Date 1953
    Size Interior 5410 Sqft


    Acreage No


    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.”
    - Bill & Kathy Hill