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7003 199 St NW 6,914 SF Specialty Building Offered at $2,475,000 CAD in Edmonton, AB T5T 3A8
Investment Highlights
- High visibility between Anthony Henday Drive and 199th Street with direct public transit access.
- Zoning provides flexibility for medical, professional office, retail services, and other urban commercial uses.
- Development-ready site engineered to reduce demolition, parking, and infrastructure costs.
- Build-out potential of 42,500 to 55,000 sq. ft. across 4 to 5 floors with 16m height allowance.
Executive Summary
This is a rare opportunity to acquire a parcel in a unique 2-acre commercial bare land condominium development in West Edmonton’s Glastonbury neighborhood. . The site offers a prime platform for small to mid-scale developers and land acquisition and reduced operating costs
The designated parcel supports a generous build footprint of approximately 11,000+ sq. ft., with zoning that allows a height of up to 16 meters, making multi-level construction of 42,500 to 55,000 sq. ft. achievable. An additional 4,200 sq. ft. outdoor area enhances flexibility for amenities or patios.
he infrastructure benefits are significant, with pre-allocated spaces for waste management, green areas, and over 70 existing parking stalls plus room for 30 more—all eliminating costly site prep typical of standalone infill projects. Surrounded by a semi-affluent community of 40,000 within 2 km, and supported by superb connectivity to major arteries and public transit.
The designated parcel supports a generous build footprint of approximately 11,000+ sq. ft., with zoning that allows a height of up to 16 meters, making multi-level construction of 42,500 to 55,000 sq. ft. achievable. An additional 4,200 sq. ft. outdoor area enhances flexibility for amenities or patios.
he infrastructure benefits are significant, with pre-allocated spaces for waste management, green areas, and over 70 existing parking stalls plus room for 30 more—all eliminating costly site prep typical of standalone infill projects. Surrounded by a semi-affluent community of 40,000 within 2 km, and supported by superb connectivity to major arteries and public transit.
Property Facts
| Price | $2,475,000 CAD | Building Class | B |
| Price Per SF | $357.97 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 6,914 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2000 |
| Property Subtype | Religious Facility | ||
| Zoning | US | ||
| Price | $2,475,000 CAD |
| Price Per SF | $357.97 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 6,914 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | US |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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Stonepoint Real Estate Team
7003 199 St NW
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