Edmonton, Alberta
Edmonton, Alberta
MLS® 44997565
$599,900
- Status
- Active
- Property type
- Retail
- MLS® number
- 44997565
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1954
1 / 6Listing description
Excellent investment and owner-user opportunity! This solid 2-storey mixed-use commercial building is strategically located in the heart of Chinatown with outstanding exposure along busy 97 Street NW. The main floor is currently home to a well-established restaurant featuring a fully equipped commercial kitchen and spacious dining area.
The upper level offers two self-contained residential suites, including one 2-bedroom and one 1-bedroom unit, each with separate entrances, providing additional rental income potential. The full basement offers excellent utility with rough-in for a walk-in cooler/freezer and ample space for storage, office use, or food preparation. A chain-link fenced rear yard provides secure on-site parking and added operational flexibility.
After successfully operating the business for 29 years, the owner is ready to retire, creating a rare opportunity to acquire both a thriving business location and a versatile mixed-use property. Ideal for owner-operators, entrepreneurs looking to expand, or investors seeking multiple income streams in a high-exposure location.
Property summary
- MLS® number
- 44997565
- Property type
- Retail
- Land size
- 3299.67 square feet
- Built in
- 1954
- Parking
- 5 spaces
- Days on market
- 85 days
What would this home cost you?
Based on the $599,900 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 Century 21 Masters, Edmonton.
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.