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$ 4,600,000
Est. payment /mo
Active
10580 115 Street NW Edmonton, AB T5H3K6
18,097 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 18097
Square Footage 18,097 sqft
Price per Sqft $254
MLS® Listing ID 43690266
Year Built 1958
Property Description
Mezzo offers the opportunity to acquire a fully leased, multi-tenant commercial asset situated on a prominent 0.52-acre DC2-zoned corner site in central Edmonton. The ±18,000 SF single-storey building is 100% occupied by four established tenants, providing stable in-place income supported by a diversified mix of retail, medical, fitness, office, and service-oriented users.The property benefits from exceptional corner exposure along both 115 Street and 106 Avenue, strong surrounding residential and commercial density, and long-term redevelopment optionality under DC2 zoning. With limited tenant concentration risk, stable tenancy, and future repositioning potential, Mezzo represents an attractive long-term hold opportunity for private and institutional investors seeking durable cash flow with embedded land value.The asset features separate tenant demising, metered services, rooftop HVAC, and flexible access via street frontage and rear lane, supporting long-term operational efficiency and tenant retention. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX Real Estate