19 2920 Ellwood Drive SW, Edmonton, Alberta T6X0A9
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
Property Specifications
Comprehensive breakdown of features and details.
Interior Details
Building & Exterior
Land & Location
Listing & Financials
Other Specifications
For Sale
$464,000
Beds
-
Baths
-
Living Area
592 sqft
Lot Size
130,680 sqft
Property Type
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Year Built
2011