Mezzo offers the opportunity to acquire a fully leased, multi-tenant commercial asset situated on a prominent 0.52-acre DC2-zoned corner site in central Edmonton. The ±18,000 SF single-storey building is 100% occupied by four established tenants, providing stable in-place income supported by a diversified mix of retail, medical, fitness, office, and service-oriented users.The property benefits from exceptional corner exposure along both 115 Street and 106 Avenue, strong surrounding residential and commercial density, and long-term redevelopment optionality under DC2 zoning. With limited tenant concentration risk, stable tenancy, and future repositioning potential, Mezzo represents an attractive long-term hold opportunity for private and institutional investors seeking durable cash flow with embedded land value.The asset features separate tenant demising, metered services, rooftop HVAC, and flexible access via street frontage and rear lane, supporting long-term operational efficiency and tenant retention. (id:51989)
Features of 10580 115 Street Nw
- MLS® Number 43690266
- Price $4,600,000
- Square Footage: 18097 sqft
- Neigbourhood: Queen Mary Park
Buildings
| Constructed Date | 1958 | Size Interior | 18097 Sqft |
Land
| Acreage | No | Size Total | 0|unknown |
| Size Total Text | 0|unknown |
Agents and Offices
- Gurprit Gill
- Calvin Halasz
- Office: RE/MAX Real Estate