#19 2976 Ellwood Dr Sw Sw Edmonton, Alberta T6X 0A9

592 ft2

$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. (id:62055)

Property Details

MLS® Number E4463339
Property Type Retail
Neigbourhood Ellerslie Industrial

Building

Constructed Date 2011
Size Interior 592 Ft2

Land

Acreage No

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