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High-exposure Retail w/ Penthouse City Views 10 Minute Walk from Rogers Place Arena
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Auction #
527 -
Transaction Fee:
5% (Min CAD $25,000) -
BrokerInquire
Co-op:
High-exposure Retail w/ Penthouse City Views 10 Minute Walk from Rogers Place Arena
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) for the new construction offers immediate occupancy to directly benefit from the established commercial activity within Edmonton's urban core.
Modern design built in 2023 with zero deferred maintenance features high-exposure Ground Floor ± 7,830 SF Retail, Upper floor ± 3,440 SF with Elevator Lift access to Luxury Residential Penthouse with skyline city views and Office Suites, providing long-term upside positioned to capture the economic resurgence of Edmonton's Urban Future.
Property Information:
Ground Floor Retail: Main floor high-exposure retail space formerly operating as Italian Bakery Grocery Store
- Open Floor Plan: Designed with an open retail concept to maximize space, suited for high-density, downtown-volume operations.
- High Exposure & Corridor Traffic: Positioned on 97 Street NW, a major artery undergoing municipal renewal and transit upgrades, benefiting from exceptional visibility and traffic flow, ensuring high customer capture rates.
- Rear Loading
- Retail Exterior overhead metal doors and windows
Upper Floor High-end Residential Suite: Generous 3-bedroom, 3-bathroom layouts featuring modern appliances and skyline city views, offering spacious urban living.
- Turnkey Residential Home: natural lighting and modern finishes
- Separate dedicated access: providing privacy and security + elevator lift access.
- Downtown Corridor: Excellent regional access and links to transit networks serving the downtown core.
Upper Floor Professional Office Suites: Ready-to-occupy professional suites and amenities
- Open Layout: Separate office suites with modern finishes
- Designated: Reception area, break room, and storage areas.
- Communal Access: Elevator Carelift 1380mm x 1680 and stairs
Edmonton's Economic Growth
- Downtown Density & Employment Anchors: Area's Density Anchors provide a growing base of employment and residential population.
- 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
- Enhanced Support: Edmonton's Business Improvement Area (BIA) designation provides a layer of stability and commitment to the area's commercial health, contributing to the long-term appreciation of the property's value. Edmonton's Business Improvement Areas
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.
NOTE: Images were taken from Google Maps and may not reflect the current view and/or property topography. Some photographs included in this listing may depict the property during its prior use as a Grocery Deli Bakery. These images are provided solely for historical context and to illustrate the property's potential layout and functionality during previous operations.
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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.
Conditions may be included with your bid
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ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
Edmonton, AB T5H 2L6
Canada
Conditions may be included with your bid
-
Edmonton, AB
Canada -
Property Type: Commercial Property
-
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) for the new construction offers immediate occupancy to directly benefit from the established commercial activity within Edmonton's urban core.
Modern design built in 2023 with zero deferred maintenance features high-exposure Ground Floor ± 7,830 SF Retail, Upper floor ± 3,440 SF with Elevator Lift access to Luxury Residential Penthouse with skyline city views and Office Suites, providing long-term upside positioned to capture the economic resurgence of Edmonton's Urban Future.
Property Information:
Ground Floor Retail: Main floor high-exposure retail space formerly operating as Italian Bakery Grocery Store
- Open Floor Plan: Designed with an open retail concept to maximize space, suited for high-density, downtown-volume operations.
- High Exposure & Corridor Traffic: Positioned on 97 Street NW, a major artery undergoing municipal renewal and transit upgrades, benefiting from exceptional visibility and traffic flow, ensuring high customer capture rates.
- Rear Loading
- Retail Exterior overhead metal doors and windows
Upper Floor High-end Residential Suite: Generous 3-bedroom, 3-bathroom layouts featuring modern appliances and skyline city views, offering spacious urban living.
- Turnkey Residential Home: natural lighting and modern finishes
- Separate dedicated access: providing privacy and security + elevator lift access.
- Downtown Corridor: Excellent regional access and links to transit networks serving the downtown core.
Upper Floor Professional Office Suites: Ready-to-occupy professional suites and amenities
- Open Layout: Separate office suites with modern finishes
- Designated: Reception area, break room, and storage areas.
- Communal Access: Elevator Carelift 1380mm x 1680 and stairs
Edmonton's Economic Growth
- Downtown Density & Employment Anchors: Area's Density Anchors provide a growing base of employment and residential population.
- 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
- Enhanced Support: Edmonton's Business Improvement Area (BIA) designation provides a layer of stability and commitment to the area's commercial health, contributing to the long-term appreciation of the property's value. Edmonton's Business Improvement Areas
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.
NOTE: Images were taken from Google Maps and may not reflect the current view and/or property topography. Some photographs included in this listing may depict the property during its prior use as a Grocery Deli Bakery. These images are provided solely for historical context and to illustrate the property's potential layout and functionality during previous operations.
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.