Multi-Family Residential Building for Sale
Property For Sale In Eastwood, Edmonton
- MLS®#: E4448334
- Price: $595,000
- Year Built: 1949
Prime Mixed-Use Building on High-Exposure 118 Avenue! Welcome to 8956 118 Avenue, a fully leased mixed-use commercial/residential property offering exceptional investment value in a high-traffic location. Zoned CB2, this well-maintained building features a popular main-floor family restaurant (1,419 sqft) & two upper-level residential apartments totaling 1,465 sqft. Originally built in 1949, the property has seen several key upgrades over the years, including windows, roof, exterior finishings, and boiler system, providing peace of mind & reduced maintenance. ? Current Gross Income: $5,000/month ? Cap Rate: ~7% ? Pro Forma Available Upon Request. Whether you're looking to expand your investment portfolio or own a piece of 118 Ave with excellent visibility & stable income, this property is a must-see. ? Outstanding exposure with direct access to major corridors and public transit. Don't miss this rare opportunity to own a versatile revenue-generating property in a rapidly evolving commercial corridor.
Contact Elisse Moreno About MLS® E4448334

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: Multi-Family, Retail
- MLS®#: E4448334
- Year Built: 1949
Community Information
- Neighbourhood: Eastwood
- City: Edmonton
- Postal Code: T5B 0S8
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