RE/MAX River City

Our Agents' Listings

Courtesy of Terrie M Reekie of RE/MAX River City

9303 111 Avenue
Zone 13 Edmonton T5G 0A2

$810,000
Retail

Main Photo: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 1: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 2: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 3: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 4: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 5: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 6: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Photo 7: 9303 111 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4278491
Status:
Active
Prop. Type:
Retail
MLS® Num:
E4278491
Build. Type:
Mixed Use
High Cap Rate just over 10%, an Excellent investment with many potential uses. Two title properties - 6000 sq. ft. building plus adjoining vacant lot, on busy street. Demised into 6 fully leased spaces This year actual income is projected at just over $81,000.00 net. There are 3 lots; the building sits on 2 lots. One lot is vacant, paved, and used for parking. The building was built in 1950, 1969 and one warehouse in 1992. There is yearly income from the billboard sign on the vacant lot. Many upgrades with a newer tar roof on the east warehouse and newer roll roofing on remainder. Excellent high traffic area fronting 111 Ave, near Commonwealth and close to Downtown Edmonton.
Transaction Type:
For Sale
Property Type:
Land Commercial, Office, Retail
Construction:
Concrete Block, Wood Frame
Building Type:
Mixed Use, Office Building, Warehouse
# Units:
0
Year built:
1949 (Age: 73)
Total Floor Area:
6,000 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CB1
Plan:
3195HW
Title to Land:
Fee Simple
LINC Number:
0017631053
Flat Site, High Traffic Area, Paved Lot, Public Transportation, Visual Exposure, Back Lane, Paved Lane
Services Connected:
Fully Serviced, Lane Paved
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Num. of Parcels:
1
Entry date:
Feb 23, 2022
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Data was last updated July 1, 2022 at 06:30 PM (UTC)
Terrie Reekie, Associate
Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.