13,127 ft²
Retail / Land
$3,500,000
Sale


The Hive represents a rare four-lot land assembly located in Edmonton’s Garneau neighbourhood, zoned for high-density residential development. Positioned immediately adjacent to the University of Alberta, the site offers exceptional long-term redevelopment potential in one of the city’s most sought-after urban nodes. Surrounded by grocery stores, cafés, restaurants, the North Saskatchewan River Valley, and Whyte Avenue, the location provides unmatched walkability, connectivity, and enduring demand driven by students, professionals, and institutional anchors. 109 Garden Bistro & Brunch is a fully leased, single‑storey restaurant property situated directly along 109 Street in the heart of Garneau. Located minutes from the University of Alberta, Whyte Avenue, the River Valley, and major transit routes, the property benefits from exceptional visibility and steady commercial activity. The Mixed Use (MU) zoning provides long‑term flexibility, and the existing triple‑net lease offers purchasers secure, predictable income. Surrounded by dense residential development, retail, hospitality, and university‑driven foot traffic, 109 Garden represents a stable holding asset in one of Edmonton’s most dynamic and amenity‑rich corridors.


The Property
Asking Price$3,500,000
Available Space13,127 ft²
Property UseInvestment property / Retail
SourceDirect

The Lot

• Prime University-Adjacent Location Steps from the University of Alberta and within walking distance to Whyte Avenue, the River Valley, and major amenities—driving strong, consistent rental demand. • Rare, High Profile Owner/User Opportunity A rare chance to secure a prominently positioned asset along one of Edmonton’s most visible corridors, offering exceptional branding potential, heavy pedestrian activity, and strong exposure to both campus and neighbourhood traffic. • Unique Future Development Opportunity with Holding Income Provides stable interim income while giving owners the flexibility to plan long‑term redevelopment in a high‑demand, mixed‑use district-supported by strong demographics, ongoing revitalization, and sustained rental interest. • High-Demand Garneau Corridor Positioned within one of Edmonton’s most vibrant districts, surrounded by 500+ shops, 120+ eateries, theatres, cafés, galleries, festivals, and year‑round pedestrian activity - making it a prime destination for dining, retail, and community engagement.

Property TypeRetail / Land
Building Size5,787 ft²
Lot Size13,127 ft²
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