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Investment Highlights

  • 1,578 sq ft (+/-) of second floor space on 119 St and 113 Ave in Northwest Edmonton, AB
  • White box and shell condition, ready for development
  • Businesses include crossfit, coffee shop, therapeutic spa, professional office, nails, aesthetics, home builders, insurance providers, IT consultants
  • Vendor Financing: 85% LTV, Prime minus 2%, Interest only payments for 2 years.*
  • Lease-to-Own: 25% rent credit towards purchase price, 3-year fixed price, up to 6 months of free basic rent.*

1 Unit Available

Unit 10

Unit Size 1,578 SF
Price $365,750 CAD
Price Per SF $231.78 CAD
Condo Use Flex
Sale Type Owner User
No. Parking Spaces 4
Sale Conditions Lease Option, Building in Shell Condition
Description

UNIT 10
FLOOR Second
SIZE 1,578 sq ft ±
HEATING Rooftop HVAC
DIMENSION 24’6” ± X 65 ‘ ±
CEILING HEIGHT 12’ ft ± (clear)
POWER 125A and 120/208V
BATHROOM Roughed in plumbing
PARKING 4 stalls (TBC)
POSSESSION Immediate
PRICE $365,750.00
TAXES $9,566.40/yr (2024)
CONDO FEES $436.52/ mo (2024)
NET RENT $9.99/sq ft/yr

Sale Notes

Vendor Financing: 85% LTV, Prime minus 2%, Interest only
payments for 2 years.*
Lease-to-Own: 25% rent credit towards purchase price, 3-year fixed price, up to 6 months of free basic rent.*

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 18,000 SF
Property Type Flex (Condo)
Property Subtype Showroom
Building Class B
Floors 2
Typical Floor Size 9,000 SF
Year Built 2014
Lot Size 2.00 AC
Parking Ratio 3.44/1,000 SF
Zoning BE - Business Employment

Amenities

  • Bus Line
  • Storage Space
  • Air Conditioning

Utilities

  • Sewer
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 30143014

  • Date on Market: 2023-11-21

  • Last Updated:

  • Address: 11320-11326 119 St NW, Edmonton, AB T5G 2X4

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