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Investment Highlights

  • Ground Floor Retail: Features a high-exposure, open-concept retail space
  • High-End Residential Condo Suite: 3-bedroom, 3-bathroom layout, high-quality finishes, and stunning skyline city views.
  • Unparalleled Exposure: Directly on major artery capturing high-volume visibility draws customers from the Downtown Core and dense urban area.
  • Professional Office Suites: Turnkey office suites on the upper floor with modern finishes, including a professional reception and support areas.
  • Adjacent Fenced Lot ±9,000 SF
  • Projected Upside: Asset benefits from designated Chinatown/Little Italy Revitalization Zone - City of Edmonton's multi-million-dollar program for long

Executive Summary

Sale includes 3 adjacent rear lots. Building built in 2023 includes ±8,116 SF retail ground floor with high-exposure, a ±6,353 SF upper level with city skyline views from a luxury residential penthouse and office suites. Newly constructed designed for high visibility with capacity to serve the high-traffic downtown market. It features a unique, upper-floor skyline city views from a luxury residential penthouse and separate offices.

Conditions with offer will be considered.
The bid deadline is August 27, 2026
LINK TO AUCTION: www.FRE.com/527D6

Attachments

527 Flyer_D6

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
13,408 SF
Building Class
B
Year Built
2023
Price
$704,476 USD
Price Per SF
$52.54 USD
Percent Leased
16%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.23 AC
Zoning
MU - Mixed Use Zone
Frontage
98’ on 97 Street NW

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,829 SF
  • Retail
  • Outparcel
  • Now

• Leasing/Owner User • Ground Floor Retail: Features a high-exposure, open-concept retail space • Approximately 27 Vehicles • Area (1 Km Radius) Retail Vacancy at less than 2% • Long standing area businesses include: The Brick, Lucky Supermarket, 97 Hot Pot, Hong Kong Bakery, Golden Bird Restaurant, Lee House and many others

  • 2nd Floor
  • 3,440 SF
  • Retail
  • Outparcel
  • Now

• Leasing/Owner User • Ground Floor Retail: Features a high-exposure, open-concept retail space • Approximately 27 Vehicles • Area (1 Km Radius) Retail Vacancy at less than 2% • Long standing area businesses include: The Brick, Lucky Supermarket, 97 Hot Pot, Hong Kong Bakery, Golden Bird Restaurant, Lee House and many others

Space Size Space Use Position Available
1st Floor 7,829 SF Retail Outparcel Now
2nd Floor 3,440 SF Retail Outparcel Now

1st Floor

Size
7,829 SF
Space Use
Retail
Position
Outparcel
Available
Now

2nd Floor

Size
3,440 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 7,829 SF
Space Use Retail
Position Outparcel
Available Now

• Leasing/Owner User • Ground Floor Retail: Features a high-exposure, open-concept retail space • Approximately 27 Vehicles • Area (1 Km Radius) Retail Vacancy at less than 2% • Long standing area businesses include: The Brick, Lucky Supermarket, 97 Hot Pot, Hong Kong Bakery, Golden Bird Restaurant, Lee House and many others

2nd Floor

Size 3,440 SF
Space Use Retail
Position Outparcel
Available Now

• Leasing/Owner User • Ground Floor Retail: Features a high-exposure, open-concept retail space • Approximately 27 Vehicles • Area (1 Km Radius) Retail Vacancy at less than 2% • Long standing area businesses include: The Brick, Lucky Supermarket, 97 Hot Pot, Hong Kong Bakery, Golden Bird Restaurant, Lee House and many others

Exceptionally walkable
100/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Royal Bank of Canada
TD Canada Trust
Tim Hortons
Starbucks
Second Cup
CIBC
Scotiabank
Press'd Sandwich Shop
JOEY Restaurants
Gyu-Kaku Japanese BBQ
  • Listing ID: 35000298

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 10644-10646 97 St NW, Edmonton, AB T5H 2L6

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