Bruce Weiss C.E.T.

Office (780) 481-2950 | bruce@bruceweiss.com

My Office Listings

15803 102 Avenue
Zone 21 Edmonton V4N 3J4

$2,850,000
Multi-Family Commercial

Courtesy of Judith A Rimmer of RE/MAX Excellence
Main Photo: 15803 102 Avenue in Edmonton: Zone 21 Multi-Family Commercial for sale : MLS® # E4096319
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4096319
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Mixed use 4000 square foot of Commercial Space ZONED CB1; plus 19-1 bedroom apartment & units. This building & property is ideal for owner/user who can occupy the currently leased commercial space and manage their own apartment block. Commercial space is currently leased to two tenants both occupancy 2000 sq ft. Leases have expired so new owner can issue notice to take possession or renegotiate new lease agreements. Great location within walking distance to all amenities, and the future Vally Line West LRT. Many suites upgraded over the past 5 years plus a new boiler system installed, building painted + common area's upgraded. Coin operated laundry on main floor for tenants use, and all tenants pay their own power. Absentee owner is a licensed agent within the province of B.C. City assessed value of building & property - $3,126,000 dollars
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Mixed Use, Commercial Mix
# Units:
19
Tot Pkg Spaces:
0
# Storeys:
3.0
Year built:
1978 (Age: 40)
Total Floor Area:
17,000 sq. ft.
Lot Area:
14,915 sq. ft.
Land Use/Zoning:
CB1
Plan:
1924AM
Title to Land:
Fee Simple
LINC Number:
0016130958
Services Connected:
Fully Serviced
Water Supply:
Municipal
Num. of Parcels:
1
Cap Rate %:
1.82
Gross Operating Income:
$209,130
Other Income:
$0
Effective Gross Income:
$209,130
Net Operating Income:
$51,991
Total Oper. Expenses:
$0
Tot Expenses:
$157,139
Entry date:
Feb 13, 2018
  • Photo 1: 15803 102 Avenue in Edmonton: Zone 21 Multi-Family Commercial for sale : MLS® # E4096319
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Listing information last updated on 13-Feb-2018 8:30 PM
Bruce Weiss C.E.T.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.