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Courtesy of Chu Jiang of Jaffer Realty Inc.

10611 97 ST NW

Edmonton, AB T5H 2L5
  • $860,000
  • STATUS: Active
  • ID#: E4393458
UPDATED: 61 min ago
$860,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,556
    SQFT
  • $189
    $/SQFT
Neighbourhood:
Type:
Business Opportunity
Built:
1981
Area:

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.

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© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-07-24T20:36:19.077 UTC.
Mortgage Calculator is provided by BoomTown.
www.bestedmontonhomesearch.com/homes/151821865
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10611 97 ST NW Edmonton, AB T5H 2L5

  • Price: $860,000
  • Status: Active
  • On Site: Days
  • Updated: 61 min ago
  • ID#: E4393458
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,556
SQFT
$189
$/SQFT
1981
Built
Neighbourhood:
Mccauley
Area:
Edmonton
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.
Property Features

Land Use Zoning MIXED Major Business Type Personal Services Minor Business Type Hairdresser/Barber shop Property Type Details Business with Property Transaction Type For Sale

© 2024 REALTORS® Association of Edmonton. All Rights Reserved.
Mortgage Calculator is provided by BoomTown.


© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-07-24T20:36:19.077 UTC.
Mortgage Calculator is provided by BoomTown.
 
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The Foundry Real Estate Company
#3 9411-98 Ave
Edmonton AB, T6C 2C8