Listed on: Apr 06, 2026
Last Updated: Jun 22, 2026
30,491 ft²Retail$2,400,000Sale
30,491 ft²
Retail
$2,400,000
Sale
Jongsung Baik
Homes & Gardens Real Estate Limited
The Space
Asking Price$2,400,000
Available Space30,491 ft²
MLS® ID44340581
Year Built1980
SourceREALTORS® Association of Edmonton
The Building
Prime investment opportunity located approximately 30 minutes from Edmonton. This well-maintained 5-lot commercial strip mall is situated on the town’s main road, offering excellent exposure and convenient access.The property is fully leased with no vacancy and features four established tenants under long-term triple net lease agreements. Tenants include a grocery and liquor store, Subway, a Chinese restaurant, and a pub, providing a stable and diversified income stream.The asset offers an attractive cap rate, with potential for further upside as two lease renewals are scheduled within this year and next year, which may enhance overall returns. The site also provides ample on-site parking for customers and staff.A rare opportunity to acquire a stable, income-producing commercial property with future growth potential. Subject to municipal approvals, there may be the possibility of adding a second floor to further increase rental income.An excellent opportunity for investors seeking a solid, long-term incom
Property TypeRetail
Lot Size30,491 ft²
MLS® ID44340581
Year Built1980
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
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