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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
14,469 SF
Building Class
B
Year Built
2023
Price
$712,235 USD
Price Per SF
$49.22 USD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.45 AC
Zoning
MU - Mixed Use Zone±19,785 S
Frontage
160’ on 97 Street Northwest

Amenities

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

Nearby Major Retailers

Royal Bank of Canada
Tim Hortons
TD Canada Trust
Press'd Sandwich Shop
JOEY Restaurants
Second Cup Coffee Company
CIBC
Scotiabank
National Bank
BDC
  • 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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