Commercial Real Estate in Downtown available for sale
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Flex Spaces for Sale near Downtown

Downtown Flex Space for Sale

Flex Spaces for Sale Within 5 kilometers of Downtown

More details for 10580 115th St NW, Edmonton, AB - Flex for Sale

10580 115th St NW

Edmonton, AB T5H 3K6

  • Flex for Sale
  • $4,980,000 CAD
  • 18,097 SF
  • Air Conditioning
  • Smoke Detector

Edmonton Flex for Sale - Central

Fully Leased Multi-Tenant Commercial Investment. Opportunity to acquire a 100% occupied, multi-tenant commercial complex. This ±18,000 SF single-storey building sits on a 0.52 Acre DC2-zoned corner site with frontage along both 115 Street and 106 Avenue, offering strong visibility, excellent access, and long-term redevelopment flexibility. The property is fully leased to four established tenants with a diverse mix of office, retail, medical, fitness, and service uses, providing stable income and reduced tenant concentration risk. Constructed of concrete block with brick exterior, the asset features separate tenant demising, upgraded interior finishes in select units, rooftop HVAC, and metered services. Site access includes street parking along both frontages and additional rear access via lane. Zoned DC2, the property allows for a broad range of commercial, office, light industrial, and service-oriented uses, supporting both current income and future redevelopment or repositioning potential. The location benefits from proximity to Downtown Edmonton, Grant MacEwan University, the Ice District, major transit routes, and surrounding residential density, making it highly attractive to tenants and investors alike. Included with the sale: a 2-bedroom Legends Private Residences condo, a luxury bonus asset ideal for rental income or corporate accommodation. A clean, high-value opportunity minutes from downtown in a rapidly evolving neighbourhood.

Contact:

RE/MAX Real Estate

Date on Market:

2025-07-28

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Flex Spaces for Sale in Downtown

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How many flex spaces are available for sale in Downtown?
There are currently 2 flex spaces available for sale in Downtown, offering a unique opportunity for businesses to establish a presence.
How big are the flex spaces available for sale in Downtown?
The average size of flex spaces available for sale in Edmonton is about 29,367 SF. The largest flex spaces available to buy is 42,739 SF and the smallest is 15,994 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for flex spaces in Downtown?
The average market cap rate for flex spaces for sale is about 6.50% based on data provided in Downtown. Learn more about how cap rates are calculated.