Commercial Property for Sale
Property For Sale In Britannia Youngstown, Edmonton
- MLS®#: E4454531
- Price: $1,749,000
- Year Built: 1959
Investment Property Opportunity- A great opportunity to start or expand your portfolio with a solid investment property. The building underwent extensive renovations in 2024 and is currently leased to a well-established daycare business, providing a secure and stable tenant. The lease is for 10 years until December 2034, with two additional 5-year renewal options, ensuring long-term stability. Attractive rent escalations are built in every two years, increasing both cash flow and property value. The property is currently listed at a cap rate above 6%, with projections to reach around 7% by the end of 2026--and continuing to grow with each escalation. Don't miss this opportunity to acquire a fully renovated property with excellent returns and strong future growth. Please respect confidentiality, strictly do not approach the tenant.
Contact Elisse Moreno About MLS® E4454531

Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: Office, Retail
- MLS®#: E4454531
- Year Built: 1959
Community Information
- Neighbourhood: Britannia Youngstown
- City: Edmonton
- Postal Code: A5P 2P9
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