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16956 111th Ave NW - 170 Street Business Park 3,423 SF Retail Condo Unit Offered at $1,330,000 CAD in Edmonton, AB T5M 4C9
Investment Highlights
- High traffic exposure. 170 Street Frontage.
- Neighboring various retail tenants.
- High ceilings.
Executive Summary
This retail condominium property is located at the corner of 170 Street and 111 Avenue, offering high traffic exposure and excellent visibility. The site features multiple entrances, 20-foot ceiling heights, and is approved for an overhead door, making it suitable for a variety of retail or office uses. Positioned within the 170 Street Business Park, the property benefits from ample on-site parking and convenient access to major transportation routes.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 6.43% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.43% |
Description
3423 square foot retail condo available for sale.
Sale Notes
High traffic exposure. Corner end cap. Frontage onto 170 Street and 111 Avenue.
3423 sq.ft. Units 16,17,18
Retail Condominium. Business Employment (BE). Built 1997.
3 units (1 contiguous space). Ceiling height 20ft approx. 3 rooftop units. Multiple entrances. Approved for overhead door
3423 sq.ft. Units 16,17,18
Retail Condominium. Business Employment (BE). Built 1997.
3 units (1 contiguous space). Ceiling height 20ft approx. 3 rooftop units. Multiple entrances. Approved for overhead door
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 18 | 3,423 SF | Retail | $1,330,000 CAD ($388.55 CAD/SF) | $85,575 CAD |
Unit 18
| Unit Size |
| 3,423 SF |
| Condo Use |
| Retail |
| Price |
| $1,330,000 CAD ($388.55 CAD/SF) |
| NOI |
| $85,575 CAD |
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Map
Unit 18
| Unit Size | 3,423 SF |
| Condo Use | Retail |
| Price | $1,330,000 CAD ($388.55 CAD/SF) |
| NOI | $85,575 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.43% |
| Description | |
| 3423 square foot retail condo available for sale.</li></ul> | |
| Sale Notes | |
| High traffic exposure. Corner end cap. Frontage onto 170 Street and 111 Avenue.<br> 3423 sq.ft. Units 16,17,18<br> Retail Condominium. Business Employment (BE). Built 1997.<br> 3 units (1 contiguous space). Ceiling height 20ft approx. 3 rooftop units. Multiple entrances. Approved for overhead door</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- Corner Lot
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
197 Investment Co.
16956 111th Ave NW - 170 Street Business Park
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