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Gibbard Block 6423 112 Av NW 14,959 SF 100% Leased Retail Building Edmonton, AB T5W 0N9 $3,762,901 USD ($251.55 USD/SF)
EXECUTIVE SUMMARY
Originally constructed in 1912 as a high-end retail and residential building, the Gibbard Block was reimagined through a reconstruction completed in June 2019. Every system, including mechanical, electrical and plumbing, was rebuilt from the ground up, while preserving the irreplaceable character of its 113-year-old façade. The structure and foundation were substantially reconfigured, with original timbers carefully laminated and preserved, and the building’s core systems upgraded to modern standards including new boilers, roof, and storefronts, as well as completed environmental abatement and brick repointing. Since its reactivation, the Gibbard Block has established itself as the heart of the Highlands community; a once dormant site now drawing hundreds of unique visitors each day. Its curated mix of wellness, retail, office and lifestyle offerings has created deep connections with the surrounding neighborhood, reinforcing its role as a true community hub. Surrounded by some of Edmonton’s earliest historic homes and vibrant local businesses, this property offers a rare opportunity to own a completely re-engineered asset with timeless character in one of the city’s most desirable locations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,959 SF
Building Class
B
Year Built/Renovated
1912/2024
Price
$3,762,901 USD
Price Per SF
$251.55 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.27
Lot Size
0.10 AC
Zoning
DC1 - Direct Development Control Provision that allowed the redevelopment and occupancy of the Gibbard Block.
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
CONTACTS
-
Raymond Townsend -
Mark Basi -
Rick Argue -
Taylor Shukalak -
Perry Gereluk -
Colliers
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Gibbard Block | 6423 112 Av NW
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