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Coimbra Building + West House 9928 81 NW Ave 11,464 SF 100% Leased Retail Building Edmonton, AB T6E 1W6 $2,593,829 USD ($226.26 USD/SF) 6.30% Cap Rate

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Investment Highlights

The property is located in Edmonton’s highly desirable Ritchie community, just steps from Whyte Avenue’s shops, restaurants, and transit options.
Both properties have been well-maintained, presenting a turnkey investment with no significant deferred maintenance.

Both the Coimbra Building and the accompanying residential property are fully leased, offering immediate and reliable income for investors.

Executive Summary

The Coimbra Building is a well-maintained, mixed-use commercial property in a prime south-central Edmonton location, in the Ritchie community. This unique asset combines one & two-story sections, offering approximately 11,464 sq. ft. of leasable area. Built in 1967 & 1990, the buildings are well maintained and in great condition, with no significant deferred maintenance noted, presenting a solid investment opportunity. Included with this sale is a character-filled, large 2.5-storey residential property featuring tow suites with updated amenities such as updated windows, plumbing, electrical, and HVAC systems. Both properties are fully leased, making this an ideal income-generating investment in a vibrant area near Whyte Avenue's shops, restaurants, and transit options.