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10852 97th St NW

8,134 SF Vacant Retail Building Edmonton, AB T5H 2M5 $760,946 USD ($94 USD/SF)

Investment Highlights

  • Transit accessible by bus and the Royal Alex LRT Station
  • Excellent access to major arterials including 97 Street, Kingsway Road, 111 Avenue, 101 Street and 107 Avenue

Executive Summary

Discover the potential of this versatile commercial property, boasting a main floor retail space with a full basement, offering ample room for various business activities. The property spans a generous 8,134 SF, situated on a 0.11-acre land size, providing flexibility for different business setups. With the option to acquire the existing pawn shop business on the main floor, this property presents a turnkey opportunity for entrepreneurs.
The second-floor office space, currently available for lease, adds an extra layer of flexibility for businesses seeking a multi-functional setup. The property features two main-floor washrooms and three second-floor washrooms, ensuring convenience for both customers and employees.
With fixtures negotiable, the property offers customization possibilities to align with specific business requirements. The dedicated parking stalls and free parking enhance accessibility for both customers and staff. Building signage opportunities further contribute to the property’s visibility, attracting attention from passersby.

Attachments

10852-97-St_WEB

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,134 SF
Building Class
B
Year Built
1970
Price
$760,946 USD
Price Per SF
$94 USD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.18
Lot Size
0.16 AC
Zoning
CB2
Parking
4 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
51 FT on 97th Street

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • 107 Loan Centre
  • -
  • 2,601 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
107 Loan Centre - 2,601 SF - -
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
Royal Bank of Canada
Boston Pizza
TD Canada Trust
Anytime Fitness
Osmow's
Starbucks
New York Fries
Pür & Simple
Taco Time
  • Listing ID: 30684645

  • Date on Market: 12/5/2022

  • Last Updated:

  • Address: 10852 97th St NW, Edmonton, AB T5H 2M5

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