Compass Place presents a compelling investment opportunity in the heart of downtown Edmonton. Offered for sale at $11,000,000 (negotiable), this well-located commercial asset provides significant value-add and income-growth potential for the discerning investor.The building is partially leased, creating immediate upside through lease-up, repositioning, or tenant mix optimization. Its current vacancy allows a new owner the flexibility to enhance cash flow, attract quality tenants, or explore alternative strategies tailored to market demand. Ideally situated within Edmonton’s downtown core, Compass Place benefits from strong visibility, accessibility, and proximity to major business, retail, and transit corridors—making it an attractive destination for both tenants and investors alike. This is a rare opportunity to acquire a downtown commercial property with scale, flexibility, and long-term appreciation potential. Well suited for investors seeking stable fundamentals with clear upside, owner-operators, or groups looking to reposition a prominent asset in a growing urban market. (id:51989)
Features of 10050 112 Street
- MLS® Number 44223122
- Price
Buildings
| Constructed Date | 1984 |
Land
| Acreage | No | Size Irregular | 13068 |
| Size Total | 13068 Sqft|under 1/2 Acre | Size Total Text | 13068 Sqft|under 1/2 Acre |
Agents and Offices
- Sunny Baraich
- Office: RE/MAX Elite