Fantastic business opportunity ...Assume existing leases as a landlord or
operate your own business with residence. Unique split land use code allows for
43% commercial business/service and 57% single family dwelling. There are 2
separate furnaces(5 yrs old)& 2 separate hot water tanks (1 is brand new).
600 sq ft above grade with fully finished basement make up the commercial. It is
at present, a fully equipped restaurant with kitchen, 2 bathrooms, storage,
office & mechanical room. The commercial land use code allows for any
convenience retail store, health services, personal, professional,financial or
office support services. 652 sq ft above grade with fully finished basement make
up the residence with 2 bedrooms, 2 bathrooms, kitchen, living room, laundry
room & mechanical room. South facing residence portion walks out onto a deck
& lovely yard. Alley access to ample parking & single detached garage.
Entire property has been painted this past yr. Residence has mostly new windows.
Original Price:
$445,000
Property Type:
Business (Com)
Ritchie
24 hr notice req. To view call Shari Love 780-439-7000. The restaurant is being
leased at present & it exp 10/31/2009. Tenants in the residence are mo.to
mo.5.7% cap rate as a lease opportunity. Laundry rm in bsmt could be a bsmt
suite/kit.
Listing information last updated on Sep 26, 2009 11:15 AM