8656 118 Av Nw Edmonton, Alberta T5B 0S8
$595,000
Prime Mixed-Use Building on High-Exposure 118 Avenue! Welcome to 8956 118 Avenue, a fully leased mixed-use commercial/residential property offering exceptional investment value in a high-traffic location. Zoned CB2, this well-maintained building features a popular main-floor family restaurant (1,419 sqft) & two upper-level residential apartments totaling 1,465 sqft. Originally built in 1949, the property has seen several key upgrades over the years, including windows, roof, exterior finishings, and boiler system, providing peace of mind & reduced maintenance. ? Current Gross Income: $5,000/month ? Cap Rate: ~7% ? Pro Forma Available Upon Request. Whether you're looking to expand your investment portfolio or own a piece of 118 Ave with excellent visibility & stable income, this property is a must-see. ? Outstanding exposure with direct access to major corridors and public transit. Don’t miss this rare opportunity to own a versatile revenue-generating property in a rapidly evolving commercial corridor. (id:46923)
Property Details
| MLS® Number | E4448334 |
| Property Type | Multi-family |
| Neigbourhood | Eastwood |
| Parking Space Total | 4 |
Building
| Constructed Date | 1949 |
| Size Interior | 1,419 Ft2 |
Land
| Acreage | No |
| Size Irregular | 3681 |
| Size Total | 3681 Sqft |
| Size Total Text | 3681 Sqft |
https://www.realtor.ca/real-estate/28620583/8656-118-av-nw-edmonton-eastwood
Contact Us
Contact us for more information
Sergio Maione
Associate
(780) 988-4067
www.sergiosells.ca/
www.facebook.com/sergiomaioneremaxelite
www.instagram.com/sergio_maione/
302-5083 Windermere Blvd Sw
Edmonton, Alberta T6W 0J5
(780) 406-4000
(780) 406-8787
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July 18 2025 12:11:36
REALTORS® Association of Edmonton
RE/MAX Elite