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$ 1,599,900
Est. payment | /mo
9,000 SqFt
$ 1,599,900
Est. payment | /mo
9,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type for sale
Square Footage 9,000 sqft
Price per Sqft $177
MLS® Listing ID E4332083
Year Built 1978
Property Description
INVESTMENT OPPORTURNITY: For sale 4 industrial condo bays 25 ft x 90 ft, 16' ceiling, with a decade old long term tenant, NOI of $113,750 (Cap 7.11%.) At the heart of Weir Industrial neighborhood, IM zoning. Well maintenance, low condo fee, concrete block exterior building with steel beam roof support and Q-deck, newly paved parking lot plus $260,000 Upgraded 480V 3 phase power at 1,200 Amps capacity. Also upgraded forced air ceiling heating and Tankless hot water system. 3 grade level loading doors 12' x 12'. Excellence access to 50 Street, Sherwood Park Fwy and Anthony Henday Dr.
Location
Province AB
Community Weir Industrial
Area Edmonton
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Hai Duong • RE/MAX Excellence
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
So if you are here to learn about the real estate and housing markets, learning specifically about the Edmonton and area real estate market, or investing in real estate, I can be your guide!
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