Fully tenanted Edmonton industrial building sold for $2.3M

The seven-unit building was sold for approximately $328,571 per unit

By
for Western Investor
May 7, 2019





industrial
 
A multi-tenant industrial building in Edmonton has sold fro $2.3 million, MaxWell Polaris Commercial tells Western Investor. 
 
The seven-unit, 18,083-square-foot building is situated on a 36,531-square-foot property. The site was fully leased at the time of sale. The building features a new roof and LED lighting. 
 
The property is located at 12848 52 St., Edmonton. 
 

Breakdown: 

 
Price: $2,300,000
No. of Units: 7
Price/Unit: $328,571
Lot Size: 36,531 SF
Property Type: Industrial 
Zoning: IB
Date of Sale: 05/15/2019
City: Edmonton   
Province: Alberta 
Name of Brokerage: MaxWell Polaris Commercial 
 

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