$1,650,000 / 3 baths

12205 118 Avenue

Edmonton, Alberta T5L2J9

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12205 118 Avenue

Property Description

GREAT INVESTMENT. GREAT BUILDING. GREAT LOCATION. 7% cap rate. Very well maintained and upgraded 9600 sq ft retail building on a 18,330 sq ft lot on a high traffic route near the municipal airport. Fronts onto 118 Avenue in an area that is continuing to develop and upgrade. The building is extremely well maintained and recent upgrades include torched membrane roofing, siding, stacked rock hilites, canopy, exterior paint, interior improvements. $200,000 in recent upgrades/improvements. The effective age of the building is probably in the 1980's. Three great long term tenants. Property has CB1 zoning.

Listing Agent: Russ Slemko

Features

Taxes:
 16,062.00
Year Built:
 1957
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URL for this listing: http://www.realestatebook.com/homes/listing/106-2112322/12205-118-Avenue-Edmonton-AB-T5L2J9/

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This property located at 12205 118 Avenue is currently for sale.  12205 118 Avenue is in the T5L2J9 ZIP code in Edmonton, Alberta. This property is listed by Russ Slemko for $1,650,000. 12205 118 Avenue has 3 bathrooms, and was built in1957.