780-893-9987 RE/MAX River City

Business with Property for Sale

Courtesy of Chu Jiang of Jaffer Realty Inc

Property For Sale In Mccauley, Edmonton

 Business with Property for Sale, MLS® # E4393458

Unique opportunity with substantial future potential! This iconic mixed-use building is centrally located in the heart of the city, offering unparalleled exposure. Meticulously constructed and owner-managed, it boasts: - Two retail spaces generating rental income, strategically positioned on the main floor facing 97 Street. - Two fully leased, spacious 3-bedroom suites on the second floor with separate entrances and parking. - Recently renovated basement currently rented out for additional income as storage. The owner is selling as part of a retirement plan. Parking is conveniently available around the building through the City of Edmonton, offering 15 minutes of free parking. Moreover, the government has implemented incentives for properties in Chinatown and is actively relocating the homeless population while also closing injection sites in the vicinity. This is an opportune moment to invest, given the ongoing revitalization of the surrounding areas.

Contact Melody Kilbank About MLS® E4393458

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Melody Kilbank, 780-893-9987 at RE/MAX River City, 13120 St. Albert Trail NW, Edmonton, Alberta, T5L 4P6

property information

  • Property Type: Business with Property
  • MLS®#: E4393458
  • Year Built: 1981
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Community Information

  • Neighbourhood: Mccauley
  • City: Edmonton
  • Postal Code: T5H 2L5
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$860,000

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