Description
7.6% CAP RATE - INVESTMENT OPPORTUNITY WITH EXISTING TENANT IN PLACE. OWN YOU OWN BUILDING TODAY. 1948 SQ FT ON ONE FLOOR IN MAGASIN BUSINESS PARK. INDIVIDUALLY TITLED, WITHIN A BARELAND CONDO. BUILT TO ACCOMMODATE A VARIETY OF USERS SUCH AS MEDICAL, LEGAL, RETAIL, OFFICE OR PROFESSIONAL. ALL WOOD FRAME CONSTRUCTION, CLEAR SPAN, AND FRAMED FOR A 16’ X 10’ OVERHEAD DOOR. TOTAL OF 30 PARKING STALLS. HIGH EXPOSURE FROM HWY 625 & MAGASIN AVE.CONDO FEES $438 PER MONTH: INCLUDES LAWN SERVICE, SNOW REMOVAL, INSURANCE FOR COMMON AREAS, WATER FOR COMMON PROPERTY, GARBAGE REMOVAL & RESERVE FUND
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Description
7.6% CAP RATE - INVESTMENT OPPORTUNITY WITH EXISTING TENANT IN PLACE. OWN YOU OWN BUILDING TODAY. 1948 SQ FT ON ONE FLOOR IN MAGASIN BUSINESS PARK. INDIVIDUALLY TITLED, WITHIN A BARELAND CONDO. BUILT TO ACCOMMODATE A VARIETY OF USERS SUCH AS MEDICAL, LEGAL, RETAIL, OFFICE OR PROFESSIONAL. ALL WOOD FRAME CONSTRUCTION, CLEAR SPAN, AND FRAMED FOR A 16’ X 10’ OVERHEAD DOOR. TOTAL OF 30 PARKING STALLS. HIGH EXPOSURE FROM HWY 625 & MAGASIN AVE.CONDO FEES $438 PER MONTH: INCLUDES LAWN SERVICE, SNOW REMOVAL, INSURANCE FOR COMMON AREAS, WATER FOR COMMON PROPERTY, GARBAGE REMOVAL & RESERVE FUND
© 2026 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2026-06-12T21:36:27.573 UTC.
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