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Courtesy of Jackson Ho of TriUrban Inc

10860 97 Street
Zone 13 Edmonton T5H 2M5

$835,000
Multi-Family Commercial

Main Photo: 10860 97 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4314079
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4314079
Build. Type:
Commercial Mix
INVESTOR ALERT !!! What an opportunity to own this Great Revenue property situated along 97 Street and 108 Avenue. Located in the district of McCauley and just minutes to the downtown core. 97th Street is a Major traffic and bus route going north and south. This property consists of retail bays on the main floor and Four residential apartment rental suites upstairs. A variety of commercial retail and service businesses surround this property. There is also an abundant residential apartments and housing in this area. The property consists of approx. 6600 sq.ft. with 66 +/- feet of frontage onto 97 Street and 100 +/- feet deep. The site provides public on street parking in the front along 97 Street, and there's also paved parking at the rear. Within 5 blocks of this property developments include the Royal Alex Hospital with new LRT stops both north and south and easy access to Victoria public school.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial, Retail
Construction:
Wood Frame
Building Type:
Commercial Mix, Residential Mix, Multi Tenant/Multi Plex
# Units:
7
Tot Pkg Spaces:
10
# Storeys:
2.0
Year built:
1951 (Age: 71)
Total Floor Area:
6,300 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CB2
Plan:
NA
Title to Land:
Freehold
LINC Number:
0013812128
Landscaped, Playground Nearby, Paved Lot, Shopping Nearby, Public Transportation, Low Maintenance Landscape, Paved Lane, Public Swimming Pool, Schools
Window Coverings, Shared Laundry, Shower, Detectors Smoke, Laundry-Same Floor
None Known
Units Include:
Fridge, Stove, Washer / Dryer, Window Coverings
Services Connected:
Electricity, Lane Paved, Natural Gas, Paved Streets, Sanitary Sewer, Sewer - Storm, Street Lighting, Sidewalk, City Water
Num. of Parcels:
1
Cap Rate %:
0.0
Gross Operating Income:
$91,764
Other Income:
$0
Effective Gross Income:
$91,764
Net Operating Income:
$0
Total Oper. Expenses:
$44,766
Tot Expenses:
$0
Entry date:
Sep 20, 2022
  • Photo 1: 10860 97 Street in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4314079
    Photo 1 of 1
Data was last updated October 1, 2022 at 04:30 AM (UTC)
GREG STEELE
Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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