The Coimbra Building presents a rare opportunity to acquire a well-cared-for mixed-use asset in one of Ritchieâs most established and walkable communities. Positioned just minutes from Whyte Avenue, the property benefits from strong local demographics, steady foot traffic, and convenient access to transit and central Edmonton.The commercial component offers approximately 11,464 square feet of leasable area across both one- and two-storey sections. Originally constructed in 1967 with an expansion completed in 1990, the building has been consistently maintained and presents well, with no known significant deferred maintenance. The layout supports a variety of commercial uses and provides flexibility for future tenancy or repositioning.Complementing the commercial space is a separate 2.5-storey residential home on the property, configured with two updated suites. Improvements over time include upgraded windows, plumbing, electrical, and HVAC systems, supporting tenant comfort and operational reliability.The property is currently fully leased, providing immediate income stability. For investors or potential owner-users, the site also offers future optionality, with the ability to occupy space as leases transition while maintaining revenue from the existing tenancy mix.A well-located, income-producing asset offering a balance of stability, flexibility, and long-term potential in one of Edmontonâs most desirable urban communities. (id:27476)
