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$3,850,000
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12220 118 Ave Nw, Edmonton, AB

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 12280 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 56
Approx. Age 2022
Avg. Price Per Sqft $313
MLS® Number E4442088

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert! Exceptional opportunity to own a new, high-exposure 12, 000+ sq.Ft. Retail/office building on bustling 118 Avenue—earning over $222K in net income at just 60% leased! This modern, well-designed asset features a 10 years secure long-term leases with established retail tenants on the main floor. The second floor offers 5, 500+ sq.Ft. Of prime space with flexible zoning—ideal for medical, professional offices, fitness, restaurant/bar, or future residential units**. Offering huge upside as you lease it out. Bonus income from a digital billboard adds to the strong returns. Surrounded by major anchors like McDonald’s and St. John Ambulance, with ample parking and minutes to downtown & Blatchford. New construction. Proven income. Massive growth potential. A smart investment in one of Edmonton’s busiest corridors! (id:58753)Show Description
MLS® NumberE4442088
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2022
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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