Courtesy of Sandy Pon of RE/MAX Excellence

9516 102 Avenue
Zone 13 Edmonton T5H 0E3

$2,480,000
Retail

Main Photo: 9516 102 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4375400
Photo 1: 9516 102 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4375400
Photo 2: 9516 102 Avenue in Edmonton: Zone 13 Retail for sale : MLS®# E4375400
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Status:
Active
Prop. Type:
Retail
MLS® Num:
E4375400
Bus Major:
General Retail
Bus Minor:
GR - Drugstore Cosmetics
Build. Type:
Commercial Mix
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:
145 day(s)
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Data was last updated July 24, 2024 at 06:30 PM (UTC)
SANDY PON
Copyright 2024 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.