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Investment Highlights

  • Excellent Investment opportunity. Fully leased building with lease terms in place for tenants including retail, office, dental clinic, restaurant.
  • Exceptional location. Directly across the street from MacEwan University new School of Business, close to Rogers Place and downtown amenities
  • Well maintained building with many upgrades
  • Owner Occupied Investment opportunity. Current building owner operates a retail business with 3000 SF available for new owner business activity
  • Character corner building, high traffic exposure, exposed brick walls, 10' high wood beam ceilings, floor to ceiling windows, lots of natural light
  • Building lot includes 14 parking stalls, ample street parking also available

Executive Summary

Investment Opportunity – Fully Leased Building
Excellent investment opportunity with 100% of the building currently leased, providing stable income.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,029 SF
Building Class
B
Year Built
1959
Price
$4,500,000 CAD
Price Per SF
$448.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.38 AC
Zoning
DC2 - Direct Control
Parking
4 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
83’ on 109th Street

Amenities

  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Fiber Optic Internet

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Artistry Tattoo Salon
  • Services
  • 99,999 SF
  • -
  • -
  • Construction office
  • Construction
  • 99,999 SF
  • -
  • -
  • CosaFina for Gift & Home Ltd.
  • Retailer
  • 99,999 SF
  • -
  • -
  • Dental Clinic
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • -
  • La Prosciutteria
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Artistry Tattoo Salon Services 99,999 SF - -
Construction office Construction 99,999 SF - -
CosaFina for Gift & Home Ltd. Retailer 99,999 SF - -
Dental Clinic Professional, Scientific, and Technical Services 99,999 SF - -
La Prosciutteria Accommodation and Food Services 99,999 SF - -
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Nearby Major Retailers

Orangetheory Fitness
Tim Hortons
Denny's
Extreme Pita
StrEATS
Royal Bank of Canada
Starbucks
BMO
Save-On-Foods
Second Cup Cafe
  • Listing ID: 38200078

  • Date on Market: 2025-10-24

  • Last Updated:

  • Address: 10508 109 St NW, Edmonton, AB T5H 3B2

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