One of the most noted buildings is Parkallen. This former 4 plex has received many upgrades since 2018. It is zoned CNC and has a mix of 2 x 2 bedroom suites up stairs and the main floor has been converted from 2 suites to the operation of a 1800sq' Tattoo and Tattoo removal business on the main. The suites have individual meters and furnaces and have received new flooring, kitchen, appliances and bathrooms since 2018 or sooner. The main floor has one full bath with shower and one wheel chair friendly 2 piece bathroom, 2 private rooms and a large shared space. Storage is placed under the stairs and shared laundry is in the utility room at the rear of the building. This is a corner lot with a single garage and 4 to 6 parking stalls off street. All units are rented and this can be a turn key investment, future owner operator building or future building site. The city may approve a garage suite or even a second standalone residential in the back yard.
Address
6551/6553 111 ST NW
List Price
$799,999
Property Type
Commercial Sale
Area
Edmonton
Sub-Area
Parkallen (Edmonton)
Year Built
1956
MLS® Number
E4420277
Listing Brokerage
The Good Real Estate Company
Postal Code
T6H 4R5
Zoning
Zone 15
Construction Materials
Wood Frame
Roof
Tar & Gravel
