New Listing
9932 81 Av,Edmonton, AB T6E1W6
Edmonton, AB T6E1W6
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. (id:374)
Details
| MLS # | 45904360 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1990 |
| Days On Site | 3 |
| Listing Provided By | Blackmore Real Estate | Travis D. Ball |
Features
| SQ Feet | 11,794 |
|---|
Interior
| Fireplace Yes / No | No |
|---|
Parking
| Parking Total | 14 |
|---|
Area Information
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6E1W6 |
| Listing VS Median (in T6E1W6) | |
Price: $3,100,000 low | high Med: $1,550,009 sqft: 11,794 low | high Med: 8,858 $ / sqft: $263 low | high Med: $131 On site: 3 low | high Med: 3 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6E1W6 |
| Listing VS Median (in T6E1W6) | |
Price: $3,100,000 low | high Med: $1,550,009 sqft: 11,794 low | high Med: 8,858 $ / sqft: $263 low | high Med: $131 On site: 3 low | high Med: 3 | |
