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Multi-Family Commercial in Edmonton

$4,395,000.00
12406 112 Avenue - MLS® #: E4160300
  • (165)
  • 242
  • 74
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft

Property Type

Multi-Family Commercial

Description

Phenomenal Investment Opportunity in Desirable, Positive Transitioning Neighbourhood of Inglewood. Just 12 Blocks to Jasper Ave. Four Storey plus developed, leased basement. Poured Concrete, Concrete Block & Steel Frame Construction. Slate and Concrete Common Area Flooring. Mix of 7 Res Loft Units on 2nd Floor; 16 Huge Apt Style units with extra- large private concrete balconies on 3rd & 4th Floors. Office space on 2nd Floor with long term Tenant and 5 Retail Spaces on the Main and Basement Levels. Several long term Tenants. CB1 Zoning. 46 parking stalls(36 stalls on 2 levels of Parkade & 10 exterior stalls)plus plenty of street parking. 8 person capacity Elevator. 800 Amp Power & stand by Generator. New Roof Top HVAC for Commercial units. 46,840 sq.ft. above grade plus 4,000 sq.ft. basement and 13,500 sq.ft. Parkade. Over $1 Mil spent in upgrades in past 15 yrs.Flooring varies from Slate, Concrete, Carpet, Laminate, Ceramic Tile & Lino. Proforma available upon request. Please do not disturb Tenants

Property Details

Subarea
Inglewood_EDMO

Lot
0

Year Built
1972

Disclaimer:

Display of MLS® data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

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. The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Listing data last updated date: 2019-06-09 01:16:48

Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.

Listing Agent: Val Toffoli

Brokerage: MaxWell Polaris