Courtesy of Sandy Pon of RE/MAX Excellence

9664 106 Avenue
Zone 13 Edmonton T5H 0N4

$3,880,000
Multi-Family Commercial

Main Photo: 9664 106 Avenue in Edmonton: Zone 13 Multi-Family Commercial for sale : MLS®# E4400543
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4400543
Build. Type:
Commercial Mix
Fully leased condominium Heritage Building with 17 units. Retail main floor 4 unit and basement 3 units built out, upstairs 10 office / residential units (1-3 Bedrooms, some can be further demised), plus a 10 stall garage + 1 surface stall for parking and a vacant lot behind the building included in the condo plan. Selling below replacement and renovated value. The Famous Hull Block built in 1914 has been fully restored to its glory and modernized with state of art finish. Retail commercial spaces with lofty ceilings, washrooms, separate front entrances, and access to corridors. Majestic Elevator from basement to penthouses. Party Roof top with sun deck and washrooms. Magnificent panoramic city view. Interior of common areas and residential units are done top notch details. Hand crafted mosaic floor tiles and staircase. Skylight atrium, hardwood flooring, granite and marble countertops, stainless steel appliances, in-suite laundry. Some units with private balcony and sunroom. Own a piece of history!
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Brick/Masonry, Concrete
Building Type:
Commercial Mix
# Bldgs:
1
# Units:
17
Tot Pkg Spaces:
11
# Storeys:
3.0
Year built:
1914 (Age: 110)
Total Floor Area:
19,988 sq. ft.
Lot Area:
0 sq. ft.
Heating Source:
Natural Gas
Plan:
ND
Title to Land:
Freehold
LINC Number:
4444402289
Retail Exposure, Shopping Nearby, Public Transportation, Visual Exposure, Back Lane, Schools, View City, View Downtown
Air Conditioning, Appliances Included, Exhaust Fan(s), Elevator Passenger, Emergency Lighting, High Speed Internet, HVAC System, Intercom, Natural Light, Secured Building, Secured Parking, Skylights, Carbon Monoxide Detectors, Ceiling 10 ft., Deck, Detectors Smoke, Laundry-In-Suite, Programmable Thermostat, Vinyl Windows
Architectural Guidelines, Historic Site
# Elevators:
1
Units Include:
Dishwasher, Fridge, Hoodfan, Stove, Washer / Dryer
Ceiling Height:
20'
Services Connected:
Fully Serviced, Lane Paved, Paved Streets, Street Lighting
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
HVAC:
Central A/C, Forced Air
Fire Protection:
CO Detectors, Fire Extinguishers, Sprinklered Full
Num. of Parcels:
1
Cap Rate %:
3.59
Gross Operating Income:
$313,800
Other Income:
$0
Effective Gross Income:
$313,800
Net Operating Income:
$139,519
Total Oper. Expenses:
$174,280
Tot Expenses:
$174,280
Days On Website:
71 day(s)
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Data was last updated October 11, 2024 at 02:30 PM (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.