Retail Property for Sale
Property For Sale In Ellerslie Industrial, Edmonton
- MLS®#: E4463339
- Price: $464,000
- Year Built: 2011
Offered for sale is a fully net leased restaurant/commercial kitchen located in the highly desirable Ellerslie Industrial neighborhood in southwest Edmonton. This centrally located main floor retail bay is leased to a take-out restaurant on a long term lease since 2022. The current rental rate provides a net operating income reflecting a 7.5% capitalization rate (based on list price). With future ability to renew at higher rates built into the lease. This property is desirable to businesses as it provides a turnkey commercially approved commercial kitchen, in a small affordable footprint, with access to new residential areas on the doorstep to South Edmonton Common.
Contact Elisse Moreno About MLS® E4463339
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: Retail Property
- MLS®#: E4463339
- Year Built: 2011
Community Information
- Neighbourhood: Ellerslie Industrial
- City: Edmonton
- Postal Code: T6X 0A9
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