Buckingham Retail Investment Opportunity 10441 82nd Ave NW 8,750 SF Retail Building Edmonton, AB T6E 2A1 $1,747,553 USD ($199.72 USD/SF)
EXECUTIVE SUMMARY
• Rare ownership opportunity with established tenants who regularly capitalize on the vibrant nightlife and pedestrian traffic along Whyte Avenue
• 3 tenants in place with two of the tenants on new 5-year leases with renewal options, consisting of the Buckingham Bar who's been operating from this location for 20+ years, VapeX retail store and Canadian Pies and Donair
• Upside potential from securing a ± 2,870 square feet lower-level tenant with modest improvements required to the space, currently being advertised as bonus leasable space for the new owner
• Each leasable area has direct pedestrian access off Whyte Avenue and one designated parking stall at the rear of the building
• The building has been under local Edmonton ownership for over 25+ years and has provided consistent income for decades
• 3 tenants in place with two of the tenants on new 5-year leases with renewal options, consisting of the Buckingham Bar who's been operating from this location for 20+ years, VapeX retail store and Canadian Pies and Donair
• Upside potential from securing a ± 2,870 square feet lower-level tenant with modest improvements required to the space, currently being advertised as bonus leasable space for the new owner
• Each leasable area has direct pedestrian access off Whyte Avenue and one designated parking stall at the rear of the building
• The building has been under local Edmonton ownership for over 25+ years and has provided consistent income for decades
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,750 SF
Building Class
C
Year Built
1950
Price
$1,747,553 USD
Price Per SF
$199.72 USD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
2.01
Lot Size
0.10 AC
Zoning
DC1 - Historical Commercial
Frontage
34’ on 82nd Ave
AMENITIES
- Bus Line
- Restaurant
- Signage
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
