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Descriptions:
Unique opportunity with substantial future potential! This iconic mixed-use building is centrally located in the heart of the city, offering unparalleled exposure. Meticulously constructed and owner-managed, it boasts: - Two retail spaces generating rental income, strategically positioned on the main floor facing 97 Street. - Two fully leased, spacious 3-bedroom suites on the second floor with separate entrances and parking. - Recently renovated basement currently rented out for additional income as storage. The owner is selling as part of a retirement plan. Parking is conveniently available around the building through the City of Edmonton, offering 15 minutes of free parking. Moreover, the government has implemented incentives for properties in Chinatown and is actively relocating the homeless population while also closing injection sites in the vicinity. This is an opportune moment to invest, given the ongoing revitalization of the surrounding areas.
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| Location & Listing Info: |
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| Property Info: |
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| Property Type: |
Business with Property, Retail |
| Year Built: |
1981 |
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| Additional Info: |
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| Legal Description: |
10611
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Contact Lorraine Alfonsi -
11058 51 Avenue, Edmonton, Alberta, T6H 0L4
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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 December 22, 2024, 5:14 am. |
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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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