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Descriptions:
This gorgeous 2 storey building is a corner property with excellent parking & retail advertising exposure at the heart of Alberta Avenue. This property offers a mix of retail/office & residential tenants with yearly income of $90,000/year plus a huge potential to grow as the area revitalizes. This investment opportunity is surrounded by restaurants, banks, medical & many more types of businesses. A huge traffic exposure, lots of angle parking, fenced backyard (with gate). Long term tenants are co-operative & enjoy much newer furnaces, hot water tanks, & other appliances. Alberta Avenue (AABA) is housed in this building as a tenant. Utilities are approximately $7000/year & property taxes are $10,000/year. Transit service is in front. This building is situated half way between the Rexall Place & the new Arena being built as the new Oiler's home. Downtown Edmonton & all adjacent areas such as this are showing a tremendous growth.
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