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16956 111th Ave NW - 170 Street Business Park 3,358 - 3,423 SF Retail Condo Units Offered at $972,770 - $1,093,452 Per Unit in Edmonton, AB T5M 4C9

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Investment Highlights

  • High traffic exposure. 170 Street Frontage.
  • Neighboring various retail tenants.
  • High ceilings.

Executive Summary

This retail condominium property is located at the corner of 170 Street and 111 Avenue, offering high traffic exposure and excellent visibility. The site features multiple entrances, 20-foot ceiling heights, and is approved for an overhead door, making it suitable for a variety of retail or office uses. Positioned within the 170 Street Business Park, the property benefits from ample on-site parking and convenient access to major transportation routes.

Property Facts

Total Building Size 34,175 SF
Property Type Retail
Property Subtype
Storefront
  • Flex Showroom
  • General Retail Storefront Retail/Residential
Building Class B
Floors 1
Typical Floor Size 34,175 SF
Year Built 1997
Lot Size 2.12 AC
Parking Ratio 3.25/1,000 SF
Zoning BE - Business Employment

Amenities

  • Corner Lot
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

2 Units Available

Unit 17

Unit Size 3,358 SF
Price $1,093,452 USD
Price Per SF $325.63 USD
Condo Use Retail
Sale Type Investment or Owner User
Description

3358 square foot retail condo available for sale or lease.

Sale Notes

High traffic exposure. Corner end cap. Frontage onto 170 Street and 111 Avenue.
3423 sq.ft. Units 16,17,18
Retail Condominium. Business Employment (BE). Built 1997.
3 units (1 contiguous space). Ceiling height 20ft approx. 3 rooftop units. Multiple entrances. Approved for overhead door

Unit 18

Unit Size 3,423 SF
Price $972,770 USD
Price Per SF $284.19 USD
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 6.43%
NOI $62,590.05 USD
Description

3423 square foot retail condo available for sale or lease.

Sale Notes

High traffic exposure. Corner end cap. Frontage onto 170 Street and 111 Avenue.
3423 sq.ft. Units 16,17,18
Retail Condominium. Business Employment (BE). Built 1997.
3 units (1 contiguous space). Ceiling height 20ft approx. 3 rooftop units. Multiple entrances. Approved for overhead door

Nearby Major Retailers

Tim Hortons
Ricky's All Day Grill
IHOP
BDC
Td Canada Trust
Swiss Chalet Rotisserie & Grill
Starbucks
RBC Royal Bank
Denny's
Milestones
  • Listing ID: 35340160

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 16956 111th Ave NW, Edmonton, AB T5M 4C9

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