7727 85th St NW - Storefront Retail/Residential FOR SALE


Edmonton, AB T6C 3B4- South Central
$1,100,000 CAD
780-456-5656
7727 85th St NW, Edmonton, AB for Sale
$1,100,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
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7727 85th St NW
Edmonton, AB T6C 3B4
South Central


HIGHLIGHTS

  • Rare chance for entrepreneurs or investors to acquire a long-standing business and real estate asset

OVERVIEW

Exceptional opportunity to own a well-established commercial property and restaurant business in the highly desirable King Edward Park neighbourhood in southeast Edmonton. Ideally situated near the scenic Mill Creek Ravine and immediately south of University of Alberta Faculté Saint-Jean, this prime location benefits from strong residential density, excellent visibility, and steady local traffic.This well-maintained commercial building offers approximately 2,500 sq. ft. on the main floor plus an additional 1,000 sq. ft. on the second level, providing excellent flexibility for a variety of uses. The upper floor presents a rare opportunity for an owner-operator to live on-site, or alternatively utilize or lease the space for additional business or office use.Built in 1973, the property features a solid concrete structure with a durable stucco exterior and has been recently refreshed with new exterior painting, reflecting pride of ownership and ongoing maintenance. Functional vehicle access is available from the north back lane as well as from 85 Street NW along the west elevation of the building.Zoned Neighbourhood Commercial (NC), this versatile property offers excellent potential for continued restaurant operations or future redevelopment opportunities. The current owner is looking to retire, creating a rare chance for entrepreneurs or investors to acquire a long-standing business and real estate asset in an established central Edmonton neighbourhood.

FOR SALE DETAILS

PRICE

$1,100,000 CAD

PRICE/SF

$314 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,777 SF

ZONING

CNC

APN/PARCEL ID

8735607

ASK ABOUT THIS PROPERTY

Julia YoumRoyal LePage Arteam RealtyMore Info
780-456-5656

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Julia YoumRoyal LePage Arteam RealtyMore Info
780-456-5656

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