Listing Details

For more information on this listing or other please contact me.

Courtesy of Michelle Plach of Honestdoor Inc.
Data was last updated 2024-05-01 at 23:46:42 GMT

4905 4 AV   Edson, AB

$1,226,000
MLS®: E4377093
Presenting a lucrative investment prospect in Edson's heart along 4th Avenue, this one-story office building with a walk-out lower level offers a net operating income of $119,575.95 and a cap rate of 9.75%. With a total freehold interest available for $1,226,000.00, and a gross building area of 7,200 square feet, including 6,660 square feet of leasable space, this property ensures stability and growth. Currently under federal lease and two other tenants, it guarantees steady income, with a combined annual rental income of $185,952.19. Situated just one block from downtown Edson amidst established residential and commercial structures, with high-traffic fast-food and retail outlets nearby, this property offers both stability and potential for value appreciation.

Presenting a lucrative investment prospect in Edson's heart along 4th Avenue, this one-story office building with a walk-out lower level offers a net operating income of $119,575.95 and a cap rate of 9.75%. With a total freehold interest available for $1,226,000.00, and a gross building area of 7,200 square feet, including 6,660 square feet of leasable space, this property ensures stability and growth. Currently under federal lease and two other tenants, it guarantees steady income, with a combined annual rental income of $185,952.19. Situated just one block from downtown Edson amidst established residential and commercial structures, with high-traffic fast-food and retail outlets nearby, this property offers both stability and potential for value appreciation.

Listing Information

Prop. Type:
Office
Status:
Active
City:
Edson
MLS® Number:
E4377093
Neighbourhood:
Edson
Area:
Yellowhead
Province:
AB
Listing Price:
$1,226,000

General Information

Year Built:
2010
Zoning/Land Use Code:
For Sale
Region:
Yellowhead

Additional Information

Plan:
Plan 149
Legal Block:
16
Legal Lot/Unit:
11 & 12

Other Information

Land Size Hectares:
0
Building Type:
Office Building, See Private Remarks

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This property is listed by Michelle Plach of Honestdoor Inc and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.