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Investment Highlights

  • Ideally suited for mixed-use development, a daycare facility, or CMHC-supported residential project

Executive Summary

Great investment and redevelopment opportunity on a prominent corner lot in a high-traffic corridor with CNC zoning. This property offers exceptional flexibility for future CMHC-supported development or mixed-use redevelopment, including retail on the main floor with residential apartments above.The site consists of two side-by-side duplexes (15604 & 15608), each offering separate entrances and self-contained suites with bedroom, bathroom, and kitchen setups, providing strong income-generating potential. Both buildings are separately metered for utilities, allowing for efficient management and cost control.The property is currently vacant, offering quick possession and full flexibility for immediate redevelopment, leasing, or owner-user occupancy. Previously, the main floors were leased, and 15608 also featured a fully equipped commercial ghost kitchen in the basement with an 8-ft canopy, make-up air system, gas stove, dough mixer, prep tables, and more—ideal for food service operations or future commercial use.Located just minutes from the future LRT station at 156 Street & Stony Plain Road, this high-visibility corner site is perfectly positioned for long-term growth and redevelopment potential.A rare opportunity to secure a vacant, income-ready and development-oriented site in a rapidly evolving area. Ideally suited for mixed-use development, a daycare facility, or CMHC-supported residential project. Must be seen to be fully appreciated !!!!!

Attachments

Floor plan

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,662 SF
Building Class
B
Year Built
1966
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.17 AC
Zoning
CNC - Suitable for most commercial uses
Parking
5 Spaces (1.28 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Orangetheory Fitness
Tim Hortons
Safeway
No Frills
Foodland
Freshco
Starbucks
RBC Royal Bank
Osmow's
Taco Time (canada)
  • Listing ID: 41076780

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 15608 103rd Ave NW, Edmonton, AB

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