10580 115th St NW - Storefront FOR SALE


Edmonton, AB T5H 3K6- Central
$4,600,000 CAD
587-412-5016
10580 115th St NW, Edmonton, AB for Sale
$4,600,000 CAD
Storefront - FOR SALE
1/15
null | 7.04% Cap Rate

10580 115th St NW
Edmonton, AB T5H 3K6
Central


OVERVIEW

Mezzo offers the opportunity to acquire a fully leased, multi-tenant commercial asset situated on a prominent 0.52-acre DC2-zoned corner site in central Edmonton. The ±18,000 SF single-storey building is 100% occupied by four established tenants, providing stable in-place income supported by a diversified mix of retail, medical, fitness, office, and service-oriented users. The property benefits from exceptional corner exposure along both 115 Street and 106 Avenue, strong surrounding residential and commercial density, and long-term redevelopment optionality under DC2 zoning. With limited tenant concentration risk, stable tenancy, and future repositioning potential, Mezzo represents an attractive long-term hold opportunity for private and institutional investors seeking durable cash flow with embedded land value. The asset features separate tenant demising, metered services, rooftop HVAC, and flexible access via street frontage and rear lane, supporting long-term operational efficiency and tenant retention.

FOR SALE DETAILS

PRICE

$4,600,000 CAD

PRICE/SF

$254 CAD /SF

CAP RATE

7.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

DC2

APN/PARCEL ID

3417458

ASK ABOUT THIS PROPERTY

Gurprit GillRE/MAX Real EstateMore Info
587-412-5016

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gurprit GillRE/MAX Real EstateMore Info
587-412-5016

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.