10611 97 ST NW Active

Edmonton,AB T5H2L5

$ 860000

- Bed

- Bath

4556 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,556 sqft

Price per Sqft $188

Subdivision Mccauley

MLS Listing ID E4393458

Originating Board REALTORS® Association of Edmonton

Year Built 1981

Lot Size 3,306 Sqft

Acres 3306.0

Property Description

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. (id:24570)

Location

Province AB

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 3

Private Pool No

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