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$6,100,000
Est. payment /mo
10,423 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,423 sqft
Price per Sqft $585
Subdivision Downtown (Edmonton)
MLS® Listing ID E4440919
Year Built 1945
Source REALTORS® Association of Edmonton
Property Description
PRIME INVESTMENT PROPERTY FOR SALE. Exceptional opportunity to own a stabilized income-generating asset on Edmonton's iconic Jasper Avenue. The CORSO Building offers ±10,423 SF of modernized commercial space on an ±8,453 SF site. This two-storey, fully leased property features upscale restaurant tenants, 12 dedicated rear parking stalls, and strong in-place rental income. Extensively renovated between 2014–2018, the property is 100% occupied and delivers a solid 7% cap rate. Located in the heart of Downtown, steps from transit, amenities, and major developments. A true turnkey investment in a high-demand urban corridor. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
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Listed by RE/MAX Real Estate