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Shopping Neighborhood

Kind Ice Cream Retail Condo

9551 76 Ave NW, Edmonton, AB T6C 0K1

Listing Price: $675,000

Cap Rate
7.23%
Gross SF
1,830
Rentable SF
1,830
Price/Gross SF
$368.85
Lot Size
0.04 acres
Year Built
1954

Investment Overview

Excellent opportunity to own a fully leased Retail Condo in Ritchie. The property is leased to Kind Ice Cream and Glass Bookshop, a successful and recognizable local Edmonton business with over 5 years remaining on the lease term. Positioned on 76 Ave and 96 Street, this building gets excellent exposure and is easily accessible. In immediate proximity there is free street parking and a free parking lot to ensure customers can easily access the shopping area. Located next to multiple other businesses, this area acts as a commercial hub and is visited more frequently each year making these condo units a steady investment.

Investment Highlights

  • Fully leased main floor commercial retail space with storefront connected to 76 Avenue
  • 1,830 SF of total leasable space
  • Leased to Kind Ice Cream, a local ice cream shoppe, with other locations in Oliver and Highlands, well-known for its unique flavours and versatile menu
  • Exposure to 76 Avenue which connects Ritchie and King Edward Park across the Mill Creek Ravine
  • Walkable from all parts of Ritchie and from other nearby neighbourhoods Strathcona, King Edward Park, and Bonnie Doon
  • Notable location in one of Ritchie's trendy shopping districts, including Biera, Little Dutchess Bake Shop, Doughnut Party, Transcend Coffee and Roastery, The Blue Chair, and more

Exclusively Listed By

Shopping Neighborhood

Kind Ice Cream Retail Condo

Listing Price: $675,000

Cap Rate
7.23%
Gross SF
1,830
Rentable SF
1,830
Price/Gross SF
$368.85
Lot Size
0.04 acres
Year Built
1954

Investment Highlights

  • Fully leased main floor commercial retail space with storefront connected to 76 Avenue
  • 1,830 SF of total leasable space
  • Leased to Kind Ice Cream, a local ice cream shoppe, with other locations in Oliver and Highlands, well-known for its unique flavours and versatile menu
  • Exposure to 76 Avenue which connects Ritchie and King Edward Park across the Mill Creek Ravine
  • Walkable from all parts of Ritchie and from other nearby neighbourhoods Strathcona, King Edward Park, and Bonnie Doon
  • Notable location in one of Ritchie's trendy shopping districts, including Biera, Little Dutchess Bake Shop, Doughnut Party, Transcend Coffee and Roastery, The Blue Chair, and more

Investment Overview

Excellent opportunity to own a fully leased Retail Condo in Ritchie. The property is leased to Kind Ice Cream and Glass Bookshop, a successful and recognizable local Edmonton business with over 5 years remaining on the lease term. Positioned on 76 Ave and 96 Street, this building gets excellent exposure and is easily accessible. In immediate proximity there is free street parking and a free parking lot to ensure customers can easily access the shopping area. Located next to multiple other businesses, this area acts as a commercial hub and is visited more frequently each year making these condo units a steady investment.

Exclusively Listed By

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