53.5558 -113.4972

1,2,3,5 10502 107 Avenue Edmonton, AB T5H 0W2

Lee Dziwenka
Lee Dziwenka
Associate
150 Chippewa Road Ste 116 Sherwood Park AB T8A 6A2
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258358670 53.5558 -113.4972 732 /listing/258358670-150112696/1235-10502-107-avenue-edmonton-ab-t5h-0w2 False 0 1050000.0 4000 101 E4181880 False
  • $1,050,000
  • 1,2,3,5 10502 107 Avenue Edmonton, AB T5H 0W2
  • 4,000 sqft

Property & Neighborhood Info

Courtesy Of Keith Halabi , RE/MAX Select

Commercial in Edmonton

Opportunity to own a great investment property, approximately 4000 square feet on 107 Ave. The 4 condo units are blocks away from the proposed Ice District II project. More importantly half the building is lease by a NATIONAL Cannabis tenant, Choom Cannabis and the other half by a local tenant. First year CAP rate is approximately 7.5% and rising based on asking price and escalating lease. Owner user potential is there for 2000 sq feet.

Courtesy Of Keith Halabi , RE/MAX Select
  1. 4,000 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1993
  • Zoning: CB1
  • Subdivision: Central Mcdougall
  • MLS® Number:E4181880

Additional Features

  • Type:
    • Retail
  • Community:
    • Central Mcdougall
  • Lot Size (Hectares):
    • 0
  • Lot Size (Sq. Mtrs.):
    • 0
  • Total Flr Area (SF):
    • 4000
Neighborhood info courtesy of Homes.com © 2020