Retail Space for Sale in Edmonton
Retail Space For Sale in Edmonton
Situated on the North Saskatchewan River, Edmonton, as the capital of Alberta, does not merely serve as the political hub; it also thrives as a substantial economic pillar for the province. Arguably one of Alberta's most vibrant cities, Edmonton enjoys an exponential city population of well over a million and a metropolitan population that surpasses that by a considerable margin. Dominating the Calgary–Edmonton Corridor with its illustrious growth. The city's infrastructure is a well-thought-out grid with major roadways stretching in all directions while the Edmonton Transit Service connects the city through Edmonton Light Rail Transit and an efficient fleet of buses. Above that, the Edmonton International Airport establishes the city's hold over global connections and commerce. Coupled with this is the city's higher education landscape with renowned institutions such as the University of Alberta, NorQuest College, and the Northern Alberta Institute of Technology, imparting vibrancy to Edmonton's academic climate.
In Edmonton, the retail space realm brings to the forefront strong opportunities for business growth and strategic positioning. With 146 listings available, potential buyers have a selection to choose from, opening up prospects to become part of Edmonton’s thriving retail industry. As a strategic choice for business owners, locations in high traffic areas with good accessibility are key, and this is where Edmonton's efficient infrastructure contributes remarkably. In addition to retail space, Edmonton also has markets for shopping centres and restaurants, offering further diversity for potential investors. The city's festivals, cultural scene and public transport system contribute to the lucrative positioning of such properties in the heart of Edmonton's social and economic dynamics. With the retail space industry's potential in this city, settling here for business is a strategically sound decision.
Learn about Retail Space for sale in Edmonton
Why should I buy a Retail Space in Edmonton?
- Edmonton's economy is diverse and includes key sectors such as oil and gas, education, and research, which attract a constant flow of people and create a demand for retail services.
- The city boasts of well-developed transport networks, including an extensive bus service, a light rail transit system, and various major roadways, which facilitate easy access to retail spaces.
- With a steady 146 retail spaces for sale at an average size of 10,676 SF, and a reasonable average price per sqft of $541 CAD, investing in retail space in Edmonton presents an opportunity to tap into the city's lively economic activity, cultural buzz, and robust demographics.
How much does it cost to buy a Retail Space in Edmonton?
- The average price per square foot for retail spaces listed in Edmonton is around $541 CAD.
- The size of retail spaces available for sale in this location ranges up to, but not limited to, 82,432 SF.
- With 146 retail spaces for sale in Edmonton currently listed, selecting a retail space is a sound choice due to Edmonton's robust economy centered around oil, gas, technology, and education sectors, making retail business a potentially promising venture.
What is the largest Retail Space available to buy in Edmonton?
What factors should I consider when searching for a Retail Space in Edmonton?
- Consider the space's size that suits your business needs. The average and maximum sizes for Retail Spaces in Edmonton are 10,676 SF and 82,432 SF, respectively.
- Another important factor is the price per square foot, with Retail Spaces in Edmonton having an average of $541 CAD.
- Given the city's robust economy centered on oil, gas, and technology industries, Retail Spaces in Edmonton would cater to a diverse consumer base, making it an ideal choice.
How many Retail Spaces are available in Edmonton?
What other commercial properties are available in Edmonton?
- Shopping Centres are quite prominent in the region and these structures support a variety of businesses and services.
- Restaurants are spread across Edmonton, adding a dynamic component to the city's commercial landscape.
- Office Space and Hotels are also available, reflecting the city's diverse economic activities.
