Courtesy of Hai Duong of RE/MAX Excellence

4327 78 Avenue NW
Zone 42 Edmonton T6B 2N3

$1,599,900
Industrial

Exterior Front
Photo 1: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Photo 2: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Photo 3: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Photo 4: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Photo 5: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Photo 6: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Photo 7: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
Status:
Active
Prop. Type:
Industrial
MLS® Num:
E4332083
Bus Major:
Manufacturing
Bus Minor:
MF - Metal Products
Build. Type:
Condo Complex
INVESTMENT OPPORTURNITY: For sale 4 industrial condo bays 25 ft x 90 ft, 16' ceiling, with a decade old long term tenant, NOI of $113,750 (Cap 7.11%.) At the heart of Weir Industrial neighborhood, IM zoning. Well maintenance, low condo fee, concrete block exterior building with steel beam roof support and Q-deck, newly paved parking lot plus $260,000 Upgraded 480V 3 phase power at 1,200 Amps capacity. Also upgraded forced air ceiling heating and Tankless hot water system. 3 grade level loading doors 12' x 12'. Excellence access to 50 Street, Sherwood Park Fwy and Anthony Henday Dr.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Industrial
Major Bus Type:
Manufacturing
Minor Bus Type:
MF - Metal Products
Construction:
Concrete Block
Building Type:
Condo Complex, Multi Tenant/Multi Plex
# Units:
0
Year built:
1978 (Age: 46)
Total Floor Area:
9,000 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
IM
Plan:
9220484
Title to Land:
Freehold
LINC Number:
0021544235
Num. of Parcels:
1
Cap Rate %:
7.11
Gross Operating Income:
$166,766
Net Operating Income:
$113,750
Total Oper. Expenses:
$53,016
Days On Website:
396 day(s)
  • Photo 1: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Exterior Front
  • Photo 2: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Exterior Front
  • Photo 3: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Office
  • Photo 4: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Shop/Service Bay(s)
  • Photo 5: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Shop/Service Bay(s)
  • Photo 6: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Shop/Service Bay(s)
  • Photo 7: 4327 78 Avenue NW in Edmonton: Zone 42 Industrial for sale : MLS®# E4332083
    Shop/Service Bay(s)
Data was last updated April 19, 2024 at 08:30 AM (UTC)
Jasmin Matias
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.