Property Details

Glenora Corner – SOLD

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Glenora Corner – SOLD

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 Glenora Corner – SOLD

This prime 22,500 sf property is a unique opportunity for current investment and future redevelopment. It is located at the busy intersection of 124 St and 102 Ave with a 30,000 average weekday traffic count and a bustling restaurant and shopping crowd. The Bed & Breakfast building alone is over 100 years old and has all the character of a stately structure. The three buildings are fully leased with a variety of national and local retailers, restaurants and professional offices. Only minutes from the downtown core and University of Alberta main campus.

 

Site Size: 22,500 sf (3 lots)

Zoning: CB1

Taxes: $91,525 (2012)

Net Income: $321,321 (2013)

Building Size: A&B – 21,590sf + basement

C – 8,000 sf

Tenant Mix: Building A&B:

 Bed & Breakfast Hotel

 2 restaurants

 cookie shop

 tea shop

Building C:

 2 retail stores

 3 – 2nd floor office

Parking: 27 surface stalls

PRICE:

$ 6,100,000

 

 

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Nora Lizotte

Nora has been a participant in Edmonton’s commercial real estate sector since joining husband, Ross Lizotte, in 2004, and achieving her Associate Broker designation earlier this year. With over hundred office, retail and industrial leases…

  • Office : 780.784.5362
  • Mobile : 780.499.9001
  • Fax : 780.483.2277

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