This is a true gem of an opportunity: Amazing main floor location across from River Valley & LeMarchand Mansion in the heart of Oliver! A "Trifecta" of options: Buy it / Lease it / potentially Assume tenants & negotiate a market rate commensurate to location & attributes. Current finishing is potential fit for many applications. There's a Parkade next door. Current use includes personal services, esthetics, registered / massage therapy & a float tank! DC1 zoning. The furniture & most equipment is negotiable with the property including washer, dryer. Has a 2 piece bathroom plus 5 of the 7 rooms have water! Current uses include personal services, esthetics, registered / massage therapy & a float tank! APOD & CAP Rate are projected based on estimated base rent of $17.50/ft2/year @ 995 ft2 rentable area & ops cost of $30/ft.
Contact John Fraser About MLS® E4342537
John Fraser, 780-499-7720 at MaxWell Challenge Realty, 201 6650 177 Street, Edmonton, Alberta, T5T 4J5
Property Type: Commercial Property
Year Built: 1969
Postal Code: T5K 0J7
Exterior Features: Retail Exposure, Shopping Nearby, Public Transportation, Back Lane, River Valley View
Disclaimer: Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated June 4, 2023, 2:00 am.
MaxWell Challenge Realty
201 6650 177 Street,
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
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