$ 5,900,000
10310 124 ST NW Edmonton, AB T5N 1R2
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$ 5,900,000
Est. payment | /mo
3,811 SqFt
$ 5,900,000
Est. payment | /mo
3,811 SqFt
Key Details
Property Type Commercial
Sub Type Office,Retail
Listing Status Active
Purchase Type for sale
Square Footage 3,811 sqft
Price per Sqft $1,548
MLS® Listing ID E4363413
Year Built 1977
Property Description
The Century Building on 124th is a unique multi-tenant investment prominently located on the NW corner of 124th Street and 103rd Avenue. The centre has a complimentary mix of retail and professional offices tenancies with current report Net Operating Income (Fully Stabilized) of $412,290.96 (2023) per annum. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset. Staggered lease terms with community driven tenant mix and built in rent escalations. Marquee corner site offering high foot traffic and exposure to 124th Street. Five minute drive to downtown Edmonton and ideally situated along the vibrant 124th Street. Close to numerous restaurants, cafes and amenities. Secure 36 stall underground heated parkade. Professionally managed property by Canderel.
Location
Province AB
Community Westmount
Area Edmonton
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Vincenzo Caputo • NAI Commercial Real Estate Inc
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.
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