For questions about municipal activities such as zoning, land-use, permits, incentives
Hendrik Cuppen, Investment Attraction Coordinator, City of Edmonton 780-718-0030 | [email protected] https://www.edmonton.ca/business_economy/economic-investment
Overview
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Seize this exceptional investment opportunity in the bustling heart of Beverly on 118 Avenue in Edmonton. This small, well-maintained building boasts carefree leases and long-term tenants, making it a hassle-free addition to your portfolio. Stable Tenancy: 3 tenants with tenancies ranging from 7 years to over 20 years. Rental Upside: Current rents are below market, providing future income growth potential. Spacious Units: 3 units, 1,100 square feet each, plus additional basement space. Good Condition: Well-maintained building, qualifying for a facade upgrade grant. Convenient Parking: Fenced parking area at the rear for tenant and customer use.
Details
Available Space:
2879ft²
Price:
$595,000
Location Street Address:
4012 118 Avenue Northwest
Lot Size:
0.01 AC
Lot Size Units:
AC
Space Types:
Retail
Building Size Sf:
2879
Property Types:
Retail
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 16 - 1.03 km (High Load Corridor)
- Highway 15 - 3.3 km (High Load Corridor)
- Highway Sherwood Park Freeway - 5.97 km
- Highway 216 - 3.91 km (High Load Corridor)
- Highway 14 - 9.22 km (High Load Corridor)
Nearest hospital:
- Glenrose Rehabilitation Hospital - 6.35 km
Nearest airports:
- International: Edmonton International Airport - 31.72km
Nearest powerlines:
- EPCOR - 72CH9 72kv - 1.59 km
Nearest substations:
- IMPERIAL OIL EDMONTON - 95S , AltaLink - 2.76 km
- KENNEDALE - Kennedale , EPCOR - 2.13 km
Nearest irrigation systems:
- Within 269.16 km
Nearest railways:
- Canadian National, Class : Main - 1.11 km
Nearest gas franchise area:
- ATCO Gas - City Of Edmonton
Nearest Power Plant:
-
Strathcona (IOR4), Imperial Oil - 3.07 km
Cogeneration, 43 MW
Fibre Internet Availability:
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
| Type | Name | Operated By | Types of Products Shipped | Distance |
|---|---|---|---|---|
| Autoport | CN Autoport Edmonton | Canadian National |
|
5.11 KM |
| Yard | CN Rail Cloverbar Yard | Canadian National |
|
5.2 KM |
| Transload | CN Edmonton | KLEYSON GROUP LTD |
|
5.35 KM |
| Transload | CP Edmonton | Trendwood Limited |
|
6.33 KM |
| Transload | CP Edmonton | Edmonton TFR |
|
9.89 KM |
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Edmonton, AB
Edmonton had a 5-year population growth rate of 16.58%, among the highest in Alberta.
Edmonton has a median family income of $112,000 compared to the Alberta median of $96,000.
Edmonton's workforce is specialized in Public Administration, Health Care and Social Assistance, and Finance and Insurance sectors.
Community Economic Details: Edmonton, AB
Click on a tile to open the indicator page and view more details.
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