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10329/19 – 82 Avenue 2 Properties in Edmonton, AB
EXECUTIVE SUMMARY
Five lot land assembly: all businesses are operational and would consider signing new five-year leases, creating a strong NOI.
Excellent opportunity to build on the current gaming site with an additional building to be constructed on the neighboring parking lot to the east of the existing building.
The last time the subject buildings and lots traded was in 1971, making this a very rare opportunity for any Whyte Avenue investor, developer, or owner-operator.
All buildings are in excellent shape, with major potential for further monetary capitalization through conversion to a hotel, extended stay, micro loft student housing, or hostel.
Excellent opportunity to build on the current gaming site with an additional building to be constructed on the neighboring parking lot to the east of the existing building.
The last time the subject buildings and lots traded was in 1971, making this a very rare opportunity for any Whyte Avenue investor, developer, or owner-operator.
All buildings are in excellent shape, with major potential for further monetary capitalization through conversion to a hotel, extended stay, micro loft student housing, or hostel.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 28,431 SF |
| Number of Properties | 2 | Total Land Area | 0.33 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 28,431 SF |
| Total Land Area | 0.33 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Commercial Hotel
10329 82 Ave NW, Edmonton, AB T6E 1Z9 |
Hospitality | 22,000 SF | 1913 | - |
| 10331 82nd Ave NW, Edmonton, AB T6E 4E4 | Retail | 6,431 SF | 1977 | - |
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10329/19 – 82 Avenue
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