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Tipton Block 10355-10357 Whyte Av NW 13,309 SF Vacant Retail Building Edmonton, AB T6E 1Z9 $2,250,000 CAD ($169.06 CAD/SF)

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Executive Summary

Fantastic opportunity to own a 12,175 sq.ft. character retail/office building along Whyte Avenue. 2-storey building demised into 6 tenant spaces. Building has partial occupancy giving potential to an owner/user looking to occupy or an investor to lease up vacant spaces. All units including common areas have been renovated within the last 5 years. Building recently underwent upgraded façade, as well as upgrades to HVAC.

[6199-A] Tipton Block Sale

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

13,309 SF

Building Class

Year Built

1911

Price

$2,250,000 CAD

Price Per SF

$169.06 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

3 Stories

Building FAR

3.06

Lot Size

0.10 AC

Zoning

DC1

Parking

5 Spaces (0.38 Spaces per 1,000 SF Leased)

Frontage

34’ on 82nd Avenue

Space Availability

Space
Size
Space Use
Position
Available

Basement
2,873 SF
Office/Retail
-
Now

2,873 sq.ft.± basement retail/office space available with private entryway directly off Whyte Avenue. Historic building located in the heart of Whyte Avenue. Building recently underwent upgraded façade, fully renovated common areas as well as upgrades to HVAC. Economical lease rates in a highly desirable location.

200
2,215 SF
Retail
-
Now

2nd floor space previously used by high end retail user. Historic building located in the heart of Whyte Avenue. Building recently underwent upgraded façade, fully renovated common areas as well as upgrades to HVAC. Economical lease rates in a highly desirable location.

300
2,138-3,268 SF
Office/Retail
-
Now

2,138 sq.ft.± 3rd floor unit fully renovated with exposed brick wall, upgraded lighting, kitchenette and flooring. Historic building located in the heart of Whyte Avenue. Building recently underwent upgraded façade, fully renovated common areas as well as upgrades to HVAC. Economical lease rates in a highly desirable location.