9932 81 Av
Edmonton, Alberta
MLS® 45904360
$3,100,000
- Status
- Active
- Property type
- Office
- MLS® number
- 45904360
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1990
1 / 52Listing description
The Coimbra Building An Opportunity for Investors and Owner-UsersPosition your business for the future while benefiting from rental income at the Coimbra Building, a well-maintained commercial property in Edmonton’s Ritchie community. Located near Whyte Avenue, this south-central property offers approximately 11,794 sq. ft.
of leasable space across a combination of one- and two-storey sections. For a business owner seeking to own rather than lease, the property offers the potential to establish operations in the almost 6000 sf office space while continuing to collect rental income from the daycare tenant. This combination creates an appealing opportunity to secure a long-term business location with an additional income stream helping offset ownership costs.
Constructed in 1967 and 1990, the building has been well maintained, with no significant deferred maintenance reported. Both the office and daycare spaces are currently leased, providing an established income-producing asset for investors and potential future flexibility for an owner-user. Nearby shops, restaurants, and transit along the Whyte Avenue corridor add convenience for businesses, employees, and clients.
Whether you are expanding your investment portfolio or planning a permanent home for your business, the Coimbra Building offers a compelling combination of location, rental income, and long-term ownership potential.
Property summary
- MLS® number
- 45904360
- Property type
- Office
- Size
- 11,794 sq ft
- Land size
- 0 square feet
- Built in
- 1990
- Parking
- 14 spaces
- Days on market
- 3 days
What would this home cost you?
Based on the $3,100,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Blackmore Real Estate, St. Albert.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.