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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



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
Amenities
- Corner Lot
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
2 Units Available
Unit 17
| Unit Size | 3,358 SF | Condo Use | Retail |
| Price | $1,093,452 USD | Sale Type | Investment or Owner User |
| Price Per SF | $325.63 USD |
| 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 | Sale Type | Investment or Owner User |
| Price | $972,770 USD | Cap Rate | 6.43% |
| Price Per SF | $284.19 USD | NOI | $62,590.05 USD |
| Condo Use | Retail |
| 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
Presented by
197 Investment Co.
16956 111th Ave NW - 170 Street Business Park
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