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2920 Ellwood Drive Sw Edmonton, Alberta T6X 0A9

592 sqft
Acreage

$464,000

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:49203)

Property Details

MLS® Number 43688459
Property Type Retail

Building

Constructed Date 2011
Size Interior 592 Sqft

Land

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

https://www.realtor.ca/real-estate/29199575/2920-ellwood-drive-sw-edmonton

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Chad C. Snow
Broker

(780) 905-0536
(780) 436-9882

Nai Commercial Real Estate Inc
4601 99 St Nw
Edmonton, Alberta T6E 4Y1

(780) 436-7410
(780) 436-9882

Karianne M. Martin
Associate

(780) 436-7410
(780) 436-9882

Nai Commercial Real Estate Inc
4601 99 St Nw
Edmonton, Alberta T6E 4Y1

(780) 436-7410
(780) 436-9882