Contact:Zafar Malik, Agent
Mobile:(780) 243-7653 Fax:(780) 665-6126
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MLS®#: E4383909
$599,000
5223 50 Street
TOFIELD
AB
T0B 4J0
Description:
Fully Rented with 10% plus Cap RateMix use Retail / 5 Commercial bays on main floor and 5 Residential suites on second floor. All 5 Commercial on Main Floor and all 5 Residential units on second floor are leased.Approximately 6400 Sq ft on both floors. All units have their own separate meters .Very good investment property with 10% plus Cap rate and long time tenants. Very close to Edmonton approximately 40 minutes & Sherwood Park AB approximately 20 minutes . Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020.
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