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Retail + Penthouse City Views Steps to Arena 10644-10646 97 St NW 11,269 SF Vacant Retail Building Edmonton, AB T5H 2L6 $699,000 CAD ($62.03 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Ground Floor Retail: Features a high-exposure, open-concept retail space
  • High-End Residential Suite: Generous 3-bedroom, 3-bathroom layout, high-quality finishes, and stunning skyline city views.
  • Projected Upside: Asset benefits from designated Chinatown/Little Italy Revitalization Zone - City of Edmonton's multi-million-dollar program for long
  • Professional Office Suites: Turnkey office suites on the upper floor with modern finishes, including a professional reception and support areas.
  • Unparalleled Exposure: Directly on major artery capturing high-volume visibility draws customers from the Downtown Core and surrounding dense urban ne

EXECUTIVE SUMMARY

Newly constructed strategically located on a major urban artery, designed for high commercial visibility and stability with capacity to serve the high-traffic downtown market. It features a unique, upper-floor skyline city views from luxury residential penthouse and separate offices, offering exceptional long-term upside in the city's future urban core.

Any contingencies will be considered.
Auction is scheduled for Dec. 4, 2025

www.FRE.com/527D6

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
11,269 SF
Building Class
B
Year Built
2023
Price
$699,000 CAD
Price Per SF
$62.03 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Zoning
MU - Mixed Use Zone
Frontage
98’ on 97 Street NW

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 11,269 SF
  • Retail
  • Outparcel
  • Now

• Leasing/Owner User • Ground Floor Retail: Features a high-exposure, open-concept retail space • Approximately 27 Vehicles • Area (1 Km Radius) Retail Vacancy at less than 2% • Long standing area businesses include: The Brick, Lucky Supermarket, 97 Hot Pot, Hong Kong Bakery, Golden Bird Restaurant, Lee House and many others

Space Size Space Use Position Available
1st Floor 11,269 SF Retail Outparcel Now

1st Floor

Size
11,269 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 11,269 SF
Space Use Retail
Position Outparcel
Available Now

• Leasing/Owner User • Ground Floor Retail: Features a high-exposure, open-concept retail space • Approximately 27 Vehicles • Area (1 Km Radius) Retail Vacancy at less than 2% • Long standing area businesses include: The Brick, Lucky Supermarket, 97 Hot Pot, Hong Kong Bakery, Golden Bird Restaurant, Lee House and many others

Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (84)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

RBC Royal Bank
TD Canada Trust
Tim Hortons
Starbucks
Second Cup
Press'd
JOEY Restaurants
CIBC
Scotiabank
BMO
  • Listing ID: 35000298

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: 10644-10646 97 St NW, Edmonton, AB T5H 2L6

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