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FOR SALE
GOLD BARSHOPPING CENTRESHOPPING CENTRE WITH EXCESS LAND
5036 106 AVENUEEDMONTON, AB
Cushman & Wakefield EdmontonSuite 2700, TD Tower10088 102 AvenueEdmonton, AB T5J 2Z1 cwedm.comCushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. No warranty or representation express or implied is mad to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property for properties in question. March 12, 2020
Lance FrazierSenior Associate780 421 [email protected]
PROPERTYHIGHLIGHTS• Property Highlights
• Building Size : 21,774 SF of Retail Area
• Land Area : 2.07 Acres• Site Coverage : 24.1%
• Wide Range of Commercial Uses Allowed
• Appropriate for Additional Commercial or Residential
• Development• Financial’s Available on
Request
Current Income From Existing Tenants 8,854 SF 6 Tenants $150,315 Per Annum
Additional Existing Sign Rent $5,645 Per Annum
Potential Rent from Vacant Unit 12,920 SF 1 Tenant $103,360 Per Annum
Total Potential Net Income $ 259,320 Per Annum
Total Building Area 21,774 SF
PROPERTYDETAILS
MUNICIPAL ADDRESS5018 106th Avenue Edmonton, AB
LEGAL ADDRESSLot 41 BLock 30 PLan 1821688
ZONINGCNC Neighbourhood
Convenience Commercial
NEIGHBOURHOOD Gold Bar
BUILDING SIZE
21,774 SF
BUILT1958
CURRENT INCOME$155,960.00
VACANCY$103,360.00
TOTAL POTENTIAL$259,320.00
PRICE: $4,500,000.00
(CNC) Neighbourhood Convenience Commercial Zone
General Purpose
- The purpose of this Zone is to provide for convenience -
commercial and personal service uses, which are intended
to serve the day-to-day needs of residents within
residential neighbourhoods.
Permltted Uses - Convenience Retail Stores
- Health Services
- Personal Service Shops
- Professional, Financial and Office Support Services
- Market
Discretionary Uses
- Bars and Neighbourhood Pubs. for less than 100 occupants
and 120 m2 of Public Space
- Breweries, Wineries and Distilleries
- Child Care Services
- Commercial Schools
- Creation and Production Establishments
- Drive-in Food Services
- Gas Bars
- General Retail Stores
- Individual business premises for a Permitted Use having a
Floor Area greater than 275 m2
- Indoor Participant Recreation Services
- Live Work Units
- Multi-unit Housing
- Public Libraries and Cultural Exhibits
- Rapid Drive-through Vehicle Services
- Religious Assemblies
- Restaurants, for less than 100 occupants and 120 m2 of
Public Space
EDMONTON ZONING BYLAW 12800
- Secondhand Stores with a Floor Area less than 275m2
- Veterinary Services- Urban Indoor Farms
- Urban Outdoor Farms- Freestanding Off-premises Signs, in a
location where such
Signs lawfully existed as of the Effective Date of this Bylaw,
and that such Signs shall not be subject to the Setback
provisions of this Zone
- Minor Digital Off-premises Signs, in a location where such
Signs lawfully existed as of the effective date of Bylaw 15892
- Minor Digital On-premises Signs, in a location where such
Signs lawfully existed as of the effective date of Bylaw 15892.