19 19, 2920 Ellwood Drive Sw Edmonton, Alberta T6X 0A9

592 ft2
Acreage

$449,900

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:63476)

Property Details

MLS® Number 43688459
Property Type Business

Building

Constructed Date 2011
Size Interior 592 Ft2

Land

Acreage Yes
Size Irregular 130680
Size Total 130680 Sqft|unknown
Size Total Text 130680 Sqft|unknown

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