5016 47 Street

Downtown, Yellowknife

Office Building in Downtown, Yellowknife

$650,000 + GST

This well designed building is ideal for multi-tenant occupancy and is popular with professional service providers looking for a downtown presence. 

The building features 11 offices of varying sizes along with a shared boardroom, a large southwest facing deck, a small A/V room and a 300 square foot lounge / co-work area. The main floor is wheelchair accessible. The property also has 8 parking spaces and basement storage.  Including basement, the building offers 3,807 sqft of space.

Repurposed by CloudWorks in 2018, the diversified tenant base has proven to be robust, maintaining high occupancy levels throughout the Covid-19 pandemic. Continued management of the building by CloudWorks is available

This opportunity is ideal for an investor looking for a turnkey investment in the Yellowknife commercial real estate market or a business or organization that wishes to partially occupy a building.

Basic Financials:

Stabilized Rental Income: $10,100 per month

Stabilized Monthly Profit: $6,900 per month

For more information about this investment opportunity, or to view this property, please contact the vendor directly at sam@cloudworks.ws.

All information for Century 21 Prospect Realty's “For Sale By Owner” commercial listings has been provided by the owner.  Although it is deemed reliable, it has not been verified by Century 21 Prospect Realty, its licensed Agent or its licensed Salespeople - with the exception of iGuide floor plans and measurements, which were prepared by our qualified technician.  No warranty or representation is made as to the accuracy of the information.  All information should be independently verified.

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