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Courtesy of Ben Yovel of Exp Realty
12220 118 Avenue
Zone 04
Edmonton
T5L 2K1
$3,850,000
Retail
- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- E4442088
- Build. Type:
- Mixed Use
- Photos (13)
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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!
- 122 Street NW & 118 Avenue NW
- Property Type:
- Retail
- Transaction Type:
- For Sale
- Sale Type:
- Asset
- Lease Oper Costs Per Sq M:
- $0
- Price Per SqFt:
- $313.52
- Taxes:
- Signup
- # of Units:
- 0
- Year built:
- 2022 (Age: 3)
- Bathrooms:
- - (Full:-/Half:-)
- Plan:
- RN64
- Building Type:
- Mixed Use
- Num. of Parcels:
- 1
- Construction:
- Brick, Concrete, Steel Frame
- Roof:
- Mixed
- HVAC:
- Central A/C, Separate Controls, Separate HVAC Units
- Prince Charles
- Private
- Zone:
- Zone 04
- Zoning:
- Zone 04
- Title to Land:
- Fee Simple
- Legal Lot:
- 18,19,20
- LINC Number:
- 0015284581
- Days On Website:
- 3 day(s)3 day(s)
Larger map options:
Data was last updated June 15, 2025 at 07:30 AM (UTC)
- DON CHOLAK
- RE/MAX PROFESSIONALS
- 1 (780) 718-8400
- don@doncholak.com
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights
Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS®
Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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