19,-2920 Ellwood Drive SW, Edmonton, AB, T6X0A9

Property Details: - Type: Business - Bedrooms: 0 - Bathrooms: 0 - MLS#: 43688459 Listed By: NAI COMMERCIAL REAL ESTATE INC

Offered for sale is a fully net leased restaurant/commercial kitchen located in the highly desirable Ellerslie Industrial neighborhood in southwest Edmonton. This centrally located main floor retail bay is leased to a take-out restaurant on a long term lease since 2022. The current rental rate provides a net operating income reflecting a 7.5% capitalization rate (based on list price). With future ability to renew at higher rates built into the lease. This property is desirable to businesses as it provides a turnkey commercially approved commercial kitchen, in a small affordable footprint, with access to new residential areas on the doorstep to South Edmonton Common.Other Property Types: RetailSubject Space Width: 15Ownership Interest: Condo PropertyTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Chad SnowAppointment Phone: 780-436-7410Paragon Listing ID: E4463339 (id:65070) This business listing located at 2920 Ellwood Drive Sw, Edmonton is currently for sale and has been available on Zolo.ca for 196 days. The property was built in 2011. 2920 Ellwood Drive Sw, Edmonton is in Edmonton.