For Sale Investment/Owner-User Opportunity

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FOR SALE INVESTMENT/OWNER-USER OPPORTUNITY KINGSWAY AVENUE 114 4 0 EDMONTON, AB Partnership. Performance. Karnie Vertz, Principal Jason Gardner, B.Comm, Associate 780.429.7551 780.429.7569 [email protected] [email protected] Details: 7,000 sf Asking Price: $1,400,000.00 Property Taxes: $18,028.93 (Approx.) Legal: Lot 3, Block 15 C, Plan 6466MC Site Size: 0.452 Acres Zoning: IB - Industrial Business Zone Parking: 15 Surface Stalls Year Built: 1967 Additional Details: • Roof replaced 3 years ago • Rare stand alone income producing office building • Close proximity to the downtown core • Prominent exposure along Kingsway Avenue • Fully built out office space • Zoning allows for a variety of users PRICE STAND ALONE $1,400,000.00 BUILDING FLOOR PLAN N ENTRY ENTRANCE & SEATING BOARDROOM ENTRY EMPLOYEE PARKING EMPLOYEE KITCHEN FURNACE/POWER LADIES MENS WASHROOM WASHROOM ENTRANCE & SEATING ENTRY ENTRY RECEPTION AREA EMPLOYEE / CLIENT PARKING TENANT Expiry Date Square Footage Rental Rate Monthly Rent Economy Management 28-Feb-19 1,350 $12.00 $1,350.00 Peter Loong Professional Corporation 30-Nov-20 382 $26.17 $833.08 Phillip Parker Law Office 30-Nov-20 282 $12.51 $293.99 Richard Letendre, Psychologist 30-Nov-18 119 $39.42 $390.92 Noreen Hayden Accounting 31-Dec-19 698 $14.07 $818.41 Monthly Total $3,686.38 CURRENT VACANCY: 1,939 sf YELLOWHEAD TRAIL N AIR EDMONTON PORT RD. PROPOSED INN & CONFERENCE BLATCHFORD CENTRE DEVELOPMENT SITE ALBERTA AVIATION MUSEUM KING NEARBY: SWAY AVENUE For more information, please contact: Drive Times 4 min Access to Yellowhead Trail Jason Gardner, Associate Karnie Vertz Principal 9 min Downtown Edmonton 780.429.7569 780.429.7551 [email protected] [email protected] 16 min St. Albert 21 min West Edmonton Mall 34 min Edmonton International Airport avisonyoung.com ©2017 Avison Young Real Estate Alberta Inc. All rights reserved. The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract. Date of publication: October 18, 2017.

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THE FUTURE of RETAIL in DOWNTOWN EDMONTON DOWNTOWN BUSINESS ASSOCIATION of EDMONTON 10121 Jasper Ave NW Edmonton, AB T5J 4X6
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