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10611 97 St Nw Edmonton, Alberta T5H 2L5

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Chu Jiang
Associate

(780) 885-6050
(780) 429-1206
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4556 sqft

$860,000

Unique opportunity with substantial future potential! This iconic mixed-use building is centrally located in the heart of the city, offering unparalleled exposure. Meticulously constructed and owner-managed, it boasts: - Two retail spaces generating rental income, strategically positioned on the main floor facing 97 Street. - Two fully leased, spacious 3-bedroom suites on the second floor with separate entrances and parking. - Recently renovated basement currently rented out for additional income as storage. The owner is selling as part of a retirement plan. Parking is conveniently available around the building through the City of Edmonton, offering 15 minutes of free parking. Moreover, the government has implemented incentives for properties in Chinatown and is actively relocating the homeless population while also closing injection sites in the vicinity. This is an opportune moment to invest, given the ongoing revitalization of the surrounding areas. (id:43352)

Business

Business Type Personal Services
Business Sub Type Barber/beauty shop

Property Details

MLS® Number E4393458
Property Type Business
Neigbourhood Mccauley
Parking Space Total 3

Building

Constructed Date 1981
Size Interior 4556 Sqft

Land

Acreage No
Size Irregular 3306
Size Total 3306 Sqft
Size Total Text 3306 Sqft

https://www.realtor.ca/real-estate/27065311/10611-97-st-nw-edmonton-mccauley

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