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$ 464,000
Est. payment /mo
New
#19 2976 Ellwood DR SW SW Edmonton, AB T6X0A9
592 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 592 sqft
Price per Sqft $783
Subdivision Ellerslie Industrial
MLS® Listing ID E4463339
Year Built 2011
Source REALTORS® Association of Edmonton
Property Description
Offered for sale is a fully net leased restaurant/commercial kitchen located in the highly desirable Ellerslie Industrial neighborhood in southwest Edmonton. This centrally located main floor retail bay is leased to a take-out restaurant on a long term lease since 2022. The current rental rate provides a net operating income reflecting a 7.5% capitalization rate (based on list price). With future ability to renew at higher rates built into the lease. This property is desirable to businesses as it provides a turnkey commercially approved commercial kitchen, in a small affordable footprint, with access to new residential areas on the doorstep to South Edmonton Common. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by NAI Commercial Real Estate Inc