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:47421)
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Detailed Information
Listing Contract Date
2024-06-19
Municipal ID
3688405
# of Parking Spaces
3
Property Type
Business
Transaction Type
For sale
Business
Business Type
Personal Services
Business Subtype
Barber/beauty shop
Building
Constructed Date
1981
Land
Total Size
3306 square feet
Size of Irregular Land
3306
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