Office Listings

Courtesy of Zafar A Malik of Homes & Gardens Real Estate Limited

5223 50 Street
Tofield Tofield T0B 4J0

$549,000
Multi-Family Commercial

Main Photo: 5223 50 Street: Tofield Multi-Family Commercial for sale : MLS®# E4281118
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Photo 23: 5223 50 Street: Tofield Multi-Family Commercial for sale : MLS®# E4281118
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4281118
Build. Type:
Freestanding
Mix use Retail / Commercial on main floor and Residential suites on second floor. 4 Retail / Commercial units are on therein floor and 5 residential apartments are second floor.It can be 5 commercial units are on main floor as well because one unit is big and not divided. Approximately 6500 Sq ft on 2 floors. Very good investment property with 8.7% Cap rate and long time tenants. Very close to Edmonton & Sherwood Park AB. Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial, Office, Retail
Construction:
See Remarks
Building Type:
Freestanding, Mixed Use, Walk Up
# Units:
5
Tot Pkg Spaces:
0
# Storeys:
2.0
Year built:
1972 (Age: 51)
Total Floor Area:
6,500 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
Ra7
Plan:
9200S
Title to Land:
Freehold
LINC Number:
0015669451
Num. of Parcels:
1
Cap Rate %:
8.7
Gross Operating Income:
$0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$52,308
Total Oper. Expenses:
$15,000
Tot Expenses:
$67,308
Entry date:
Mar 11, 2022
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Data was last updated February 5, 2023 at 12:30 AM (UTC)
Jessica Eagleson
Cell: 780-218-7730
Beds (Min)
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Baths (Min)
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Priced between $ & $
Copyright 2023 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.