11,464 ft²Office / Retail / Multifamily$3,650,000Sale
11,464 ft²
Office / Retail / Multifamily
$3,650,000
Sale
Mark B Wilbert
CIR Realty
The Coimbra Building is a well-maintained, mixed-use commercial property in a prime south-central Edmonton location, in the Ritchie community. This unique asset combines one & two-storey sections, offering approximately 11,464 sq. ft. of leasable area. Built in 1967 & 1990, the buildings are well maintained and in great condition, with no significant deferred maintenance noted, presenting a solid investment opportunity. Included with this sale is a character-filled, large 2.5-storey residential property featuring tow suites with updated amenities such as updated windows, plumbing, electrical, and HVAC systems. Both properties are fully leased, making this an ideal income-generating investment in a vibrant area near Whyte Avenue's shops, restaurants, and transit options.
The Space
Asking Price$3,650,000
Available Space11,464 ft²
Property UseMulti family / Office / Retail
SourceDirect
The Building - Coimbra Building
Coimbra Building is a well-maintained, mixed-use commercial property in a prime south-central Edmonton location, in the Ritchie community. This unique asset combines one & two-storey sections, offering approximately 11,464 sq. ft. of leasable area. Built in 1967 & 1990, the buildings are well maintained and in great condition, with no significant deferred maintenance noted, presenting a solid investment opportunity. Included with this sale is a character-filled, large 2.5-storey residential property featuring tow suites with updated amenities such as updated windows, plumbing, electrical, and HVAC systems. Both properties are fully leased, making this an ideal income-generating investment in a vibrant area near Whyte Avenue's shops, restaurants, and transit options.
Property TypeOffice / Retail / Multifamily
Floors2
Building Size11,464 ft²
Lot Size17,424 ft²
MLS® IDE4413787
Cap Rate6.25%
Up to $500K for Alberta businesses
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