$3,100,000 Sale
Listed 4 hours ago
81 Avenue
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Key Facts
Key facts for 81 Avenue
Property Type
Commercial
Parking
-
MLS®
45904360
Size
11794 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Website
-
Year Built
1990
Maintenance Fee
-
Description
The Coimbra Building An Opportunity for Investors and Owner-UsersPosition your business for the future while benefiting from rental income at the Coimbra Building, a well-maintained commercial property in Edmonton’s Ritchie community. Located near Whyte Avenue, this south-central property offers app...roximately 11,794 sq. ft. of leasable space across a combination of one- and two-storey sections.For a business owner seeking to own rather than lease, the property offers the potential to establish operations in the almost 6000 sf office space while continuing to collect rental income from the daycare tenant. This combination creates an appealing opportunity to secure a long-term business location with an additional income stream helping offset ownership costs. Constructed in 1967 and 1990, the building has been well maintained, with no significant deferred maintenance reported. Both the office and daycare spaces are currently leased, providing an established income-producing asset for investors and potential
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Courtesy of: Travis D Ball, Blackmore Real Estate