Courtesy Of Wayne Paradis Of RE/MAX River City

# #102 9333 47 St Nw, Edmonton

$1,140,000

3,788 Sqft
0 Acres

Excellent Investment Opportunity! This 3788 SF main floor commercial office condo in southeast Edmonton is fully leased to a strong, reliable and reputable tenant, providing investors with a secure income stream. New 5 year escalating lease in place until December 2028 with tenant renewal option. High quality interior improvements. $77,275 in annual average net income over the 5 year term, providing a 6.78% cap rate. The 2 unit office condo is housed in a 2-storey, free standing building with just 4 units in total and encompasses the entire main floor. Built in 1979, the property offers and abundance of staff and customer parking, low maintenance exterior and has been well maintained. Tenant pays all operating costs including taxes, condo fees, landlord's insurance and a small management fee. Taxes represented are for both units. Condo fees are $1400/ month per unit.

Listing Details
Office

Courtesy Of Wayne Paradis Of RE/MAX River City

Essential Information
MLS® #E4318765
Price$1,140,000
Square Footage3,788
Acres0.00
Year Built1979
TypeOffice
Community Information
Address# #102 9333 47 St Nw
AreaEdmonton
SubdivisionEastgate Business Park
CityEdmonton
ProvinceAB
Postal CodeT6B 2R7
Interior
HeatingRooftop
Exterior
ConstructionConcrete Block, Brick/Masonry
Additional Information
ZoningIB

Properties for Sale Similar to # #102 9333 47 St Nw, Edmonton, AB

Photo of Listing #E4309698
Courtesy Of Garry Stebner Of Fraser-Tradex Realty Inc

6960 Roper Road Nw, Edmonton

$950,000 - 4,050 Sf

MLS® # E4309698

Listing information last updated on November 26th, 2022 at 6:31pm MST.

Sign up for email updates