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12220 118 Av
Edmonton, AB T5L 0G7

Retail Property For Sale

Executive Summary

FOR SALE: Premier Retail/Office Building in Prime Edmonton Location
- High-Visibility Location with 118 Avenue Frontage
Here’s your opportunity to own a top-tier retail/office property surrounded by thriving businesses like McDonald’s, St. John Ambulance, and other bustling retail destinations. This property offers unmatched exposure and accessibility, perfect for attracting high-quality tenants and customers.
?? Property Highlights:
12,000 sq. ft. of Leasable Space:
Main floor with premium retail units designed to drive foot traffic.
Over 5,500 sq. ft. of second-floor adaptable space ideal for offices, gyms, restaurants, dental clinics, accounting firms, or law offices.
Additional Income Streams:
A leased outdoor digital billboard generates extra revenue.
Secure 10-year leases on main floor units ensure reliable returns and a strong ROI.
?? Ample Parking and Superior Accessibility:
Convenient parking options at the rear and on the street make this property attractive to tenants and their customers.
?? Unbeatable Location:
Just minutes from downtown Edmonton and the transformative Blatchford development, this building combines visibility, convenience, and proximity to Edmonton’s fastest-growing areas.
?? Investment Potential:
This is your chance to own a rare, high-demand property with secure income streams and endless potential for future growth.
?? Act Now!
Opportunities like this don’t last long. For more information, contact Ben Yovel, EXP Real Estate at 780-885-1919 or email us.
Don’t miss out—make this exceptional property yours today!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
13,090 SF
Building Class
B
Year Built
2023
Price
$3,900,000 CAD
Price Per SF
$298 CAD
Cap Rate
10.15%
NOI
$396,000 CAD
Percent Leased
1%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.34 AC
Zoning
CB-1 - CB1
Parking
18 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
124 ft on 118 Avenue

Amenities

  • Air Conditioning
  • Listing ID: 34087403

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 12220 118 Av, Edmonton, AB T5L 0G7

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