Mukul Oberoi & Associates
RE/MAX Excellence
Your Trusted Partners in Real Estate.
Contact us at 780-204-2000 for all your property needs.
Courtesy of Sandy Pon of RE/MAX Excellence
9516 102 Avenue
Edmonton
T5H 0E3
$2,480,000
Retail
- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- E4375400
- Bus Major:
- General Retail
- Bus Minor:
- GR - Drugstore Cosmetics
- Build. Type:
- Commercial Mix
- Photos (15)
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Building and Land for Sale. In the Quarters, gorgeous building and iconic location off Jasper Ave, on 4 lots. Commercial mix use building with loading, attached garage, parking lot of 25 parking stalls. Main floor grocery retail, basement for distribution. Top floor residential use with 2 huge family apartment units (One with 1 huge master bedroom + huge den, master bedroom walk-in closet, 1- 4pc ensuite and 1- 4pc bath. Second one with 4 BD, 2- 4pc baths). Both suites have balconies with gas lines for barbecues. Original owners. Custom built in 1991. Perfectly located next to several seniors apartment buildings, newly finished LRT, new high-rises and more residential developments - great foot traffics and transportation. Zoned DC1, and City is going through zoning bylaw renewal, easily change to RA8. Main floor business and its equipment are not included. Tenancy rights are respected.
- Transaction Type:
- For Sale
- Property Type:
- Land Commercial, Multi-Family Commercial, Retail
- Major Bus Type:
- General Retail
- Minor Bus Type:
- GR - Drugstore Cosmetics
- Construction:
- Concrete Block, Steel Frame
- Building Type:
- Commercial Mix, Residential Mix, Multi Tenant/Multi Plex
- # Bldgs:
- 1
- # Units:
- 2
- Tot Pkg Spaces:
- 25
- # Storeys:
- 2.0
- Year built:
- 1959 (Age: 65)
- Total Floor Area:
- 13,000 sq. ft.
- Above-Main Flr Ofc Area SF:
- 4,700 sq. ft.
- Retail Area:
- 8,500 sq. ft.
- Lot Area:
- 15,069.47 sq. ft.
- Heating Source:
- Natural Gas
- Plan:
- ND
- Title to Land:
- Freehold
- LINC Number:
- 0014277966
- Appliances Included, Window Coverings, Emergency Lighting, Parking-Visitor, Ceiling 10 ft., Detectors Smoke, Laundry-In-Suite, Storage-In-Suite
- Encroachment
- # Docks:
- 1
- # Grade Doors:
- 1
- # Loading Doors:
- 1
- Services Connected:
- Fully Serviced
- Water Supply:
- Municipal
- Sewer Septic:
- Municipal/Community
- Fire Protection:
- Automatic Alarm, CO Detectors, Fire Extinguishers
- Power Type:
- Three Phase
- Num. of Parcels:
- 1
- Cap Rate %:
- 8.9
- Gross Operating Income:
- $246,000
- Other Income:
- $0
- Effective Gross Income:
- $246,000
- Net Operating Income:
- $221,000
- Total Oper. Expenses:
- $25,000
- Tot Expenses:
- $0
- Days On Website:
- 202 day(s)
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Data was last updated September 19, 2024 at 06:30 PM (UTC)
- MUKUL OBEROI
- 5607 199 ST. #201, EDMONTON, AB T6M0M8
- 1 (780) 6765000
- Contact by Email
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Office: 780-204-2000
admin@mukuloberoi.ca
Head Office
#5607 199 St NW #201
Edmonton, AB, T6M 0M8