10050 112 St NW - Office FOR SALE


Edmonton, AB T5K 2J1- Downtown
$11,000,000 CAD
10050 112 St NW, Edmonton, AB for Sale
$11,000,000 CAD
Office - FOR SALE
1/19
null | Request Cap Rate

10050 112 St NW
Edmonton, AB T5K 2J1
Downtown


HIGHLIGHTS

  • Ten-story Class B office tower with approximately 85,000 square feet of space.
  • Central location near major transit routes, business districts, and amenities.
  • 158 parking stalls, including three levels of underground parking and surface stalls.
  • Three main passenger elevators plus a dedicated parkade elevator for convenience.
  • Flexible floor plans suitable for a variety of tenant requirements.

OVERVIEW

Compass Place presents a compelling investment opportunity in the heart of downtown Edmonton. Offered for sale at $11,000,000 (negotiable), this well-located commercial asset provides significant value-add and income-growth potential for the discerning investor. The building is partially leased, creating immediate upside through lease-up, repositioning, or tenant mix optimization. Its current vacancy allows a new owner the flexibility to enhance cash flow, attract quality tenants, or explore alternative strategies tailored to market demand. Ideally situated within Edmonton’s downtown core, Compass Place benefits from strong visibility, accessibility, and proximity to major business, retail, and transit corridors—making it an attractive destination for both tenants and investors alike. This is a rare opportunity to acquire a downtown commercial property with scale, flexibility, and long-term appreciation potential. Well suited for investors seeking stable fundamentals with clear upside, owner-operators, or groups looking to reposition a prominent asset in a growing urban market.

FOR SALE DETAILS

PRICE

$11,000,000 CAD

PRICE/SF

$131 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Compass Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

158

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

DC2 (844)

APN/PARCEL ID

3305356

ASK ABOUT THIS PROPERTY

Sunny BaraichRE/MAX EliteMore Info

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