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!
Address
12220 118 AV NW
List Price
$3,850,000
Property Type
Commercial Sale
Area
Edmonton
Sub-Area
Prince Charles
Year Built
2022
MLS® Number
E4442088
Listing Brokerage
Exp Realty
Postal Code
T5L 2K1
Zoning
Zone 04
Construction Materials
Brick, Concrete, Steel Frame
Roof
Mixed