12866 Fort Rd NW, Edmonton
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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Property details for 12866 Fort Rd NW, Edmonton
- Type
- Commercial
- Living Area
- 9,450 sq ft
Nearby Listings Stat
Estimated price and comparable properties near 12866 Fort Rd NW
Active Listings
325
Min Price
$62,000
Max Price
$3,900,000
Avg Price
$424,369
Days on Market
69
days
Sold Listings
137
Min Sold Price
$69,999
Max Sold Price
$1,840,000
Avg Sold Price
$351,589
Days until Sold
57
days
Price History
Listed
September 29, 2021
Current Price
$2,200,000
Type
Commercial
For Sale