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Anne Fry

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Commercial Property for Sale

Courtesy of Michelle Plach of HonestDoor Inc

Property For Sale In Edson, Yellowhead

 Commercial Property for Sale, 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.

Contact Anne Fry About MLS® E4377093

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Anne Fry, 780-445-4534 at RE/MAX Excellence, 201, 5607 - 199 Street, Edmonton, Alberta, T6M 0M8

property information

  • Property Type: Commercial Property
  • MLS®#: E4377093
  • Year Built: 2010
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Community Information

  • Neighbourhood: Edson
  • City: Yellowhead
  • Postal Code: T7E 1T1
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$1,226,000

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Disclaimer: Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated April 26, 2024, 11:58 pm.
Anne Fry, RE/MAX Excellence
201, 5607 - 199 Street, Edmonton, Alberta T6M 0M8
Tel: 780-481-2950 Cell: 780-445-4534 Fax: 780-481-1144
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