$ 2,200,000
Alberta Edmonton Northeast Edmonton
4 Photos
12866 Fort Rd NW, Edmonton, AB T5A 1B1 Photo 2
12866 Fort Rd NW, Edmonton, AB T5A 1B1 Photo 3
12866 Fort Rd NW, Edmonton, AB T5A 1B1 Photo 4

12866 Fort Rd NW, Edmonton

Listing description

9,450 Sqft $531,000 in improvements since 2015 - includes new roof, facade, signage, parking lot, interior lighting in flex bays Owner will leaseback restaurant portion 5,525 SqFt Vacant flex warehouse space at 3,925 Sqft Owner will consider deals at $1.9 Entire building is vacant Building is appraised at $1.9 Expected NOI for buildng is $130,279 based on Glen Cowan Appraisal (5.9% cap) at $1.9 this is a (6.8% cap). NOI includes 5% net vacancy and 2% structural allowance City assesses lot at $1.28m ($27,212/annum 2018) • Foundation: Poured concrete floor slab and grade beam, supported by appropriate concrete pilings • Construction: Concrete block • Height: Single storey design • Exterior Finish: Painted concrete block • Roof: Flat deck finished with SBS membrane • Windows: Limited commercial/storefront fenestration is evident along the front of the restaurant bay, and no windows are evident for the flex/warehouse bay. Windows could be installed in this bay if required by a future tenant. • Access: Aluminum frame glass pedestrian doors along the front. Steel pedestrian doors along the rear.
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Nearby Listings Stat Estimated price and comparable properties near 12866 Fort Rd NW

Active listings
464
Min Price
$74,800
Max Price
$3,900,000
Avg Price
$378,670
Days on Market
51 days
Sold listings
210
Min Sold Price
$59,900
Max Sold Price
$1,100,000
Avg Sold Price
$332,104
Days until Sold
46 days

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Price History

September 29, 2021
$2,200,000
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