gold bar shopping centre · for sale gold bar shopping centre shopping centre with excess land 5036...

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FOR SALE GOLD BAR SHOPPING CENTRE SHOPPING CENTRE WITH EXCESS LAND 5036 106 AVENUE EDMONTON, AB Cushman & Wakefield Edmonton Suite 2700, TD Tower 10088 102 Avenue Edmonton, AB T5J 2Z1 cwedm.com Cushman & 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 Frazier Senior Associate 780 421 1489 [email protected]

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Page 1: GOLD BAR SHOPPING CENTRE · FOR SALE GOLD BAR SHOPPING CENTRE SHOPPING CENTRE WITH EXCESS LAND 5036 106 AVENUE EDMONTON, AB Cushman & Wakefield Edmonton Suite 2700, TD Tower 10088

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]

Page 2: GOLD BAR SHOPPING CENTRE · FOR SALE GOLD BAR SHOPPING CENTRE SHOPPING CENTRE WITH EXCESS LAND 5036 106 AVENUE EDMONTON, AB Cushman & Wakefield Edmonton Suite 2700, TD Tower 10088

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

Page 3: GOLD BAR SHOPPING CENTRE · FOR SALE GOLD BAR SHOPPING CENTRE SHOPPING CENTRE WITH EXCESS LAND 5036 106 AVENUE EDMONTON, AB Cushman & Wakefield Edmonton Suite 2700, TD Tower 10088

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

Page 4: GOLD BAR SHOPPING CENTRE · FOR SALE GOLD BAR SHOPPING CENTRE SHOPPING CENTRE WITH EXCESS LAND 5036 106 AVENUE EDMONTON, AB Cushman & Wakefield Edmonton Suite 2700, TD Tower 10088

(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.