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2920 Ellwood Drive Sw Edmonton, Alberta T6X 0A9

592 sqft
Acreage

$464,000

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.Other Property Types: RetailSubject Space Width: 15Ownership Interest: Condo PropertyTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Chad SnowAppointment Phone: 780-436-7410Paragon Listing ID: E4463339 (id:60367)

Property Details

MLS® Number 43688459
Property Type Retail

Building

ConstructedDate 2011
SizeInterior 592 Sqft

Land

Acreage Yes
SizeIrregular 130680
SizeTotal 130680 Sqft|unknown
SizeTotalText 130680 Sqft|unknown

https://www.realtor.ca/real-estate/29199575/2920-ellwood-drive-sw-edmonton

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Chad C. Snow
Broker


Nai Commercial Real Estate Inc
4601 99 St Nw
Edmonton, Alberta T6E 4Y1

Karianne M. Martin
Associate


Nai Commercial Real Estate Inc
4601 99 St Nw
Edmonton, Alberta T6E 4Y1

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