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9306 111 Ave Nw, Edmonton, Alberta T5G 0A3

MLS® # 44565351

$625,000

Year Built 1956

Description

Presenting a well-maintained and highly attractive retail investment opportunity, ideal for investors seeking stable and long-term value. This property is anchored by a reliable, long-standing tenant, offering consistent income with a secure lease in place through July 2029—providing peace of mind and predictable cash flow.Strategically positioned in a high-visibility, high-traffic location, the property benefits from excellent exposure, making it a prime spot for sustained retail success. Recent capital improvements include a new SPF (spray polyurethane foam) roofing system completed in 2024, enhancing durability and reducing near-term maintenance concerns.The asset is uniquely comprised of two freestanding buildings situated on separate lots, offering flexibility and future upside potential. Should the need arise, the buildings can be leased independently, allowing for diversified tenancy options or phased occupancy strategies.This is a rare opportunity to acquire a turnkey retail property with strong fundamentals, modern upgrades, and built-in adaptability for evolving investment goals. (id:53676)

PROPERTY FEATURES

  • MLS® Number 44565351
  • Price $625,000

Buildings

Constructed Date 1956

Land

Acreage No Size Irregular 5222.844
Size Total 5222.844 Sqft|under 1/2 Acre Size Total Text 5222.844 Sqft|under 1/2 Acre

BROKERAGE

  • Office: RE/MAX Excellence

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