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895 Pembina Rd - Emerald Park North 1,350 - 2,976 SF Office/Retail Condo Units Offered at $343,500 - $644,689 Per Unit in Sherwood Park, AB T8H 0M7
Investment Highlights
- Exciting new retail development
- Grade loading doors
- Rooftop patio
- Smaller units ideal for car storage
- Immediate possession
Executive Summary
Located just off Sherwood Drive, next to Emerald Hills with direct access to Emerald Drive. This area features newly developed hotels, retail, and residential. Direct access to Emerald Hills Shopping Centre. Quick access to Highway 16 & Anthony Henday. C2 zoning allows for a wide variety of uses including: • Retail stores • Hair salons, nail salons • Lawyers, accountants, real estate, insurance firms • Liquor store • Doctors, dentists, optometrists, chiropractors • Massage, acupuncture, physiotherapy • Counselling services • Bars, pubs & cocktail lounges • Restaurants & coffee shops • Veterinary clinic ... and more!
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User | Sale Status | Under Contract |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Sale Type | Investment | Cap Rate | 6.20% |
| Sale Type | Investment |
| Cap Rate | 6.20% |
Description
2,976 sq ft ± sq ft high-end buildout commercial condo
Sale Notes
Welcome to Emerald Park North, Sherwood Park’s destination centre.
Located, just off Sherwood Drive, next to Emerald Hills with direct access to Emerald Drive. This area features newly developed hotels, retail, and residential. Direct access to Emerald Hills Shopping Centre. Quick access to Highway 16 & Anthony Henday.
Located, just off Sherwood Drive, next to Emerald Hills with direct access to Emerald Drive. This area features newly developed hotels, retail, and residential. Direct access to Emerald Hills Shopping Centre. Quick access to Highway 16 & Anthony Henday.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 120 (12) | 1,350 SF | Office/Retail | $343,500 USD ($254.44 USD/SF) | - |
| Unit 150 (15) | 1,425 SF | Office/Retail | $365,013 USD ($256.15 USD/SF) | - |
| Unit 200 & 210 | 2,976 SF | Office/Retail | $644,689 USD ($216.63 USD/SF) | $39,970.74 USD |
Unit 120 (12)
| Unit Size |
| 1,350 SF |
| Condo Use |
| Office/Retail |
| Price |
| $343,500 USD ($254.44 USD/SF) |
| NOI |
| - |
Unit 150 (15)
| Unit Size |
| 1,425 SF |
| Condo Use |
| Office/Retail |
| Price |
| $365,013 USD ($256.15 USD/SF) |
| NOI |
| - |
Unit 200 & 210
| Unit Size |
| 2,976 SF |
| Condo Use |
| Office/Retail |
| Price |
| $644,689 USD ($216.63 USD/SF) |
| NOI |
| $39,970.74 USD |
1 of 2
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Street
Map
Unit 120 (12)
| Unit Size | 1,350 SF |
| Condo Use | Office/Retail |
| Price | $343,500 USD ($254.44 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 150 (15)
| Unit Size | 1,425 SF |
| Condo Use | Office/Retail |
| Price | $365,013 USD ($256.15 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 200 & 210
| Unit Size | 2,976 SF |
| Condo Use | Office/Retail |
| Price | $644,689 USD ($216.63 USD/SF) |
| NOI | $39,970.74 USD |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Description | |
| 2,976 sq ft ± sq ft high-end buildout commercial condo</li></ul> | |
| Sale Notes | |
| Welcome to Emerald Park North, Sherwood Park’s destination centre.<br> <br> Located, just off Sherwood Drive, next to Emerald Hills with direct access to Emerald Drive. This area features newly developed hotels, retail, and residential. Direct access to Emerald Hills Shopping Centre. Quick access to Highway 16 & Anthony Henday.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 21,125 SF | Floors | 2 |
| Property Type | Retail | Typical Floor Size | 10,563 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2024 |
| Building Class | B | Lot Size | 2.31 AC |
| Zoning | C2 - Arterial Commercial | ||
| Total Building Size | 21,125 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 10,563 SF |
| Year Built | 2024 |
| Lot Size | 2.31 AC |
| Zoning | C2 - Arterial Commercial |
Amenities
- Bus Line
- Roof Terrace
- Storage Space
- Car Charging Station
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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895 Pembina Rd - Emerald Park North
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