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Investment Highlights
- Commercial portfolio at 10% CAP RATE
- Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street
- Consists of leased bar, 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot.
- Signed NDA and Proof of Funds required
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,310 SF
Building Class
C
Year Built
1861
Price
$2,288,434 CAD
Price Per SF
$221.96 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.24 AC
Zoning
C3
Frontage
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010100-065-054-0005-067-000-0000 | Improvements Assessment | $291,493 CAD |
| Land Assessment | $38,847 CAD | Total Assessment | $330,340 CAD |
Property Taxes
Parcel Number
010100-065-054-0005-067-000-0000
Land Assessment
$38,847 CAD
Improvements Assessment
$291,493 CAD
Total Assessment
$330,340 CAD
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337 Central Ave
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