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10508 NW 97 Street in Edmonton: Retail for sale (Out of Town)

10508 NW 97 Street Edmonton :

Main Photo: 10508 NW 97 Street in Edmonton: Retail for sale (Out of Town)
$14,000,000
Prop. Type:
Commercial
Status:
Active
Must See! Pacific Mall is available for sale in Edmonton of Alberta. Lot size is approx. $61,251.22 sqft. Located on the block of 105 Ave, between 97 Street and 98 Street, one of the most prosperous commercial district in that area. Under Site Specific Development Control Provision (DC2), potential for mixed use high density development, with 9.5 FAR. Draft plan for two towers with up to 296 units. Currently, it has 88% occupancy rate, and approx. $443k net annual income with mote than 3% CAP rate. A rare opportunity to have a huge potential development property with stable income to hold for now. Call now for more information!
Price:
$14,000,000
Property Type:
Commercial
Status:
Active
RE/MAX CITY REALTY
Data was last updated February 8, 2023 at 04:40 AM (UTC)
RAYMOND LEUNG

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