15851 116 Ave NW
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15851 116 Ave NW
5,460 SF Flex Condo Unit Offered at $895,000 CAD in Edmonton, AB T5M 3W1
INVESTMENT HIGHLIGHTS
- Well-appointed office and warehouse building
- In proximity to Yellowhead Trail and 170 Street
- Free surface parking
PROPERTY FACTS
| Price | $895,000 CAD | Building Class | C |
| Unit Size | 5,460 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 25,697 SF |
| Total Building Size | 38,000 SF | Year Built | 1979 |
| Property Type | Flex (Condo) | Lot Size | 0.63 AC |
| Property Subtype | Light Manufacturing | Parking Ratio | 1/1,000 SF |
| Sale Type | Investment |
| Price | $895,000 CAD |
| Unit Size | 5,460 SF |
| No. Units | 1 |
| Total Building Size | 38,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Sale Type | Investment |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 25,697 SF |
| Year Built | 1979 |
| Lot Size | 0.63 AC |
| Parking Ratio | 1/1,000 SF |
1 UNIT AVAILABLE
Unit 15851
| Unit Size | 5,460 SF | Sale Type | Investment |
| Price | $895,000 CAD | Cap Rate | 6.30% |
| Price Per SF | $163.92 CAD | NOI | $56,385 CAD |
| Condo Use | Flex |
| Unit Size | 5,460 SF |
| Price | $895,000 CAD |
| Price Per SF | $163.92 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| NOI | $56,385 CAD |
DESCRIPTION
- Well appointed office unit
- 4,400 sqft of office and 1,300 sqft warehouse with grade loading and 10' ceilings
- Small outdoor storage area
- High end finishes with generous common areas
- IH zoning, ideal for contracting companies, engineering firms, other trades
Floor Plan
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VIDEOS
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MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| HIBCO Construction |
12,500 SF
|
-
|
AMENITIES
- Signage
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ZONING
| Zoning Code | IH ((Heavy Industrial)) |
| IH ((Heavy Industrial)) |
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VIDEOS
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15851 116 Ave NW
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