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Descriptions:
Presenting a lucrative investment prospect in Edson's heart along 4th Avenue, this one-story office building with a walk-out lower level offers a net operating income of $119,575.95 and a cap rate of 9.75%. With a total freehold interest available for $1,226,000.00, and a gross building area of 7,200 square feet, including 6,660 square feet of leasable space, this property ensures stability and growth. Currently under federal lease and two other tenants, it guarantees steady income, with a combined annual rental income of $185,952.19. Situated just one block from downtown Edson amidst established residential and commercial structures, with high-traffic fast-food and retail outlets nearby, this property offers both stability and potential for value appreciation.
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| Location & Listing Info: |
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| Property Info: |
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| Property Type: |
Office |
| Year Built: |
2010 |
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| Additional Info: |
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| Legal Description: |
4905
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Contact Angie Aspin. Realtor -
510, 800 Broadmoor Blvd, Sherwood Park, Alberta, T8A 4Y6
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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. Data was last updated April 26, 2024, 11:58 pm. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. 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. Used under license.
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