For Sale · Specialty

00 2 Avenue E, Edson

00 2 Avenue E, Edson, AB T7E1V6

$89,000 total

0 SF

Asset Class

Specialty

Size

0 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

92%

About this property

Opportunity for commercial build! Great Highway 16 East frontage. Zoned C2 Service Commercial. Permitted building uses would include Contractor, Essential or Government Public Services, Health Facility, Offices, Personal Service Establishment, Restaurant, Retail Convenience and much more plus discretionary uses with permission from the Town. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$6K

Annual cash flow

$870

Cash-on-cash

3.26%

DSCR

1.18

Going-in cap

6.52%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

56,933

Households

24,216

Median income

$62,500

Median age

39.7

Daytime population

92,852

5-yr growth

4.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 00 2 Avenue E, Edson.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.