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±11,300 Mix-Use Retail & Residential Newer Built
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Auction #
527 -
Transaction Fee:
5% (Min CAD $25,000) -
BrokerInquire
Co-op:
±11,300 Mix-Use Retail & Residential Newer Built
Retail Property For Sale in Edmonton, AB
10644 97 Street NW , AB , Edmonton, AB T5H 2L6FRE Auctions and Cushman & Wakefield Edmonton are pleased to present the Online Auction Plus Event (allows for contingencies) Newer Mixed Use Investment with high-exposure in the central Edmonton market.
Generational asset for an investor or owner-user seeking an exceptional balance of brand-new construction, immediate cash flow potential, and long-term redevelopment upside positioned to capture the economic resurgence of Edmonton's Urban Future.
Property Information:
- Newer Construction: ±11,300 SF modern mixed-use building (Built ∼2023) with commercial retail on the main floor and office/residential space above.
- Zero Deferred Maintenance guarantees immediate operating stability and eliminates initial capital risk, making it ideal for the high-volume retail space—a use proven by its former operation as a high-traffic Italian Bakery Grocery Store
- Density Anchors: Proximate to established retail businesses and a growing base of employment and residential density.
- Downtown Corridor: Excellent regional access and links to transit networks serving the downtown core.
- High Exposure: Positioned on 97 Street NW, a major artery currently undergoing municipal renewal and transit corridor upgrades. Edmonton's BIA
- Projected Upside: Asset benefits from designated Chinatown/Little Italy Revitalization Zone - City of Edmonton's multi-million-dollar program for long-term economic and area enhancements. Edmonton Project Plans
Location Information:
Located within Edmonton’s dynamic urban core (Chinatown/Little Italy BRZ), the site benefits from a resilient economy with a median household income of ±$103,160 and previous population growth in the region. This stability is anchored by major employers across Healthcare, Government, and Education (including Alberta Health Services and the University of Alberta). Its central, transit-oriented position provides direct access to the Downtown core and is poised for commercial uplift, benefiting directly from ongoing publicly-funded area revitalization and favorable strategic investments by the City of Edmonton.
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Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Cushmand & Wakefield Edmonton
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
This auction will start in a week or so, after all available information has been gathered.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
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Conditions may be included with your bid
Edmonton, AB T5H 2L6
Canada
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Edmonton, AB
Canada -
Property Type: Commercial Property
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Transaction Fee: 5% (Min CAD $25,000)
-
Broker Co-op: Inquire
FRE Auctions and Cushman & Wakefield Edmonton are pleased to present the Online Auction Plus Event (allows for contingencies) Newer Mixed Use Investment with high-exposure in the central Edmonton market.
Generational asset for an investor or owner-user seeking an exceptional balance of brand-new construction, immediate cash flow potential, and long-term redevelopment upside positioned to capture the economic resurgence of Edmonton's Urban Future.
Property Information:
- Newer Construction: ±11,300 SF modern mixed-use building (Built ∼2023) with commercial retail on the main floor and office/residential space above.
- Zero Deferred Maintenance guarantees immediate operating stability and eliminates initial capital risk, making it ideal for the high-volume retail space—a use proven by its former operation as a high-traffic Italian Bakery Grocery Store
- Density Anchors: Proximate to established retail businesses and a growing base of employment and residential density.
- Downtown Corridor: Excellent regional access and links to transit networks serving the downtown core.
- High Exposure: Positioned on 97 Street NW, a major artery currently undergoing municipal renewal and transit corridor upgrades. Edmonton's BIA
- Projected Upside: Asset benefits from designated Chinatown/Little Italy Revitalization Zone - City of Edmonton's multi-million-dollar program for long-term economic and area enhancements. Edmonton Project Plans
Location Information:
Located within Edmonton’s dynamic urban core (Chinatown/Little Italy BRZ), the site benefits from a resilient economy with a median household income of ±$103,160 and previous population growth in the region. This stability is anchored by major employers across Healthcare, Government, and Education (including Alberta Health Services and the University of Alberta). Its central, transit-oriented position provides direct access to the Downtown core and is poised for commercial uplift, benefiting directly from ongoing publicly-funded area revitalization and favorable strategic investments by the City of Edmonton.
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Cushmand & Wakefield Edmonton
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.