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Investment Highlights

  • High visibility between Anthony Henday Drive and 199th Street with direct public transit access.
  • Zoning provides flexibility for medical, professional office, retail services, and other urban commercial uses.
  • Development-ready site engineered to reduce demolition, parking, and infrastructure costs.
  • Build-out potential of 42,500 to 55,000 sq. ft. across 4 to 5 floors with 16m height allowance.

Executive Summary

This is a rare opportunity to acquire a parcel in a unique 2-acre commercial bare land condominium development in West Edmonton’s Glastonbury neighborhood. . The site offers a prime platform for small to mid-scale developers and land acquisition and reduced operating costs
The designated parcel supports a generous build footprint of approximately 11,000+ sq. ft., with zoning that allows a height of up to 16 meters, making multi-level construction of 42,500 to 55,000 sq. ft. achievable. An additional 4,200 sq. ft. outdoor area enhances flexibility for amenities or patios.
he infrastructure benefits are significant, with pre-allocated spaces for waste management, green areas, and over 70 existing parking stalls plus room for 30 more—all eliminating costly site prep typical of standalone infill projects. Surrounded by a semi-affluent community of 40,000 within 2 km, and supported by superb connectivity to major arteries and public transit.

Property Facts

Price $1,755,518 USD
Price Per SF $253.91 USD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Religious Facility
Building Class B
Lot Size 0.19 AC
Building Size 6,914 SF
No. Stories 1
Year Built 2000
Zoning US
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 40959991

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 7003 199 St NW, Edmonton, AB T5T 3A8

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