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Address
000 000 Edmonton, AB
Price
$ 799,000
Property Attributes
  • ID#A1148293
  • TypeMulti-Family
  • CityEdmonton
  • NeighbourhoodDowntown
  • Postal CodeT5J 1R2
  • Style
  • Price$ 799,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3412
Listing Provided Courtesy Of:
Fang An with First Place Realty
Data Source:
RLP - CREA EN
Property Description

More social restrictions result in more liquor sales as consumers are drinking at home. This investment returns 10%+. With seller financing of 2/3, the investor's cash on cash return is 3 x 10%. Easy to operate. Established in a high traffic area. Property is included, meaning no more paying rent to the landlord, and you build equity and have a property to sell when you exit or retire. Good business model, calling all experienced business people. This deal won't last, please make sure you have at least $300k cash to qualify. inventory about $200k extra. 3400sf commercial condo, in Downtown Edmonton. Highrise residential commercial mixed-use building with 200+ units, concourse level with LRT station, high foot traffic pedway access. The sale margin is 32%. Price includes retail condo, assessed at $570k. No rent payment, you own the real estate property. The owner retired after many years of profitable business, an excellent opportunity to get into the liquor business.

Exterior Features

Jumpid 16246357

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T5J 1R2

Price
AVG $800K
$800K
Visits
AVG 101
100
Year Built
AVG 1968
1968
Walkscore
AVG 92
92
Data Provided by Walkscore ® not using MLS data