This property is listed by Chu Jiang of Jaffer Realty Inc.
Data was last updated 2024-11-30 at 03:39:54 GMT
Unique opportunity with substantial future potential! This iconic mixed-use building is centrally located in the heart of the city, offering unparalleled exposure. Meticulously constructed and owner-managed, it boasts: - Two retail spaces generating rental income, strategically positioned on the main floor facing 97 Street. - Two fully leased, spacious 3-bedroom suites on the second floor with separate entrances and parking. - Recently renovated basement currently rented out for additional income as storage. The owner is selling as part of a retirement plan. Parking is conveniently available around the building through the City of Edmonton, offering 15 minutes of free parking. Moreover, the government has implemented incentives for properties in Chinatown and is actively relocating the homeless population while also closing injection sites in the vicinity. This is an opportune moment to invest, given the ongoing revitalization of the surrounding areas.
Listing Information
- Prop. Type:
- Business with Property
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4393458
- Neighbourhood:
- Mccauley
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $860,000
General Information
- Year Built:
- 1981
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- ND
- Legal Block:
- 19
- Legal Lot/Unit:
- 26
Other Information
- Land Size Hectares:
- 0
- Major Business Type:
- Personal Services
- Building Type:
- Freestanding, Residential Mix, Street-Level Storef
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.