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$ 1,750,000
Est. payment | /mo
9,725 SqFt
$ 1,750,000
Est. payment | /mo
9,725 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 9,725 sqft
Price per Sqft $179
MLS® Listing ID E4338928
Year Built 2014
Property Description
Amazing investment opportunity in the growing community of Alberta Beach!!! At just over a 5% cap rate, this is a deal hard to pass up! This mixed use building features commercial suites on the bottom level with 4 residential units on the upper level. The residential units each also include a garage space as well. Built in 2014 the main building is around 9200 sq ft. The main floor consists of 2 commercial bays. Currently a 2719 sq ft pharmacy and a 1512 sq ft additional bay. Upper level is 4 suites. Each suite is just over 1000 sq ft and feature 2 bedrooms and 2 bathrooms. There is an elevator as well. 4 bay garage; each unit is 640 sq ft with heat. Leases are currently in place for the large commercial bay and all residential suites. Amazing location on the main access into Alberta Beach. Just 35 minutes from west Edmonton!
Location
Province AB
Community Alberta Beach
Area Lac Ste. Anne
Building
Story 2
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Dave Ryan • RE/MAX Real Estate
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!
I would love to connect!