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- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- 44802240
* Sold date and price are as reported on the RAE’s MLS® system
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Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $126,171.00 in annual revenue, the income is scheduled to increase to $129,053.52 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 6.2%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas P
- Property Type:
- Retail
- Transaction Type:
- For Sale
- Price Per SqFt:
- $461.66
- Taxes:
- Signup
- Lot Area:
- 24,829 sq. ft.2,307 m2
- Year built:
- 2021 (Age: 5)
- Bathrooms:
- - (Full:-/Half:-)
- Parking Space(s):
- 20
- Days On Website:
- 79 day(s)79 day(s)
Larger map options:
Courtesy of Glen R Good of RE/MAX Real Estate
Data was last updated July 19, 2026 at 05:15 AM (UTC)
- GLENN FISHER
- RE/MAX REAL ESTATE
- (780) 913-2493
- Contact by Email
- HEATHER MOELLERING
- RE/MAX REAL ESTATE
- (780) 699-7914
- Contact by Email
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Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS®
Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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