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000 000 Edmonton, AB
$ 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:
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


  • 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

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