About 12220 118 Avenue
Investor Alert! Exceptional opportunity to own a new, high-exposure 12,000+ sq.ft. retail/office building on bustling 118 Avenue—earning over $222K in net income at just 60% leased! This modern, well-designed asset features a 10 years secure long-term leases with established retail tenants on the main floor. The second floor offers 5,500+ sq.ft. of prime space with flexible zoning—ideal for medical, professional offices, fitness, restaurant/bar, or future residential units**. offering huge upside as you lease it out. Bonus income from a digital billboard adds to the strong returns. Surrounded by major anchors like McDonald’s and St. John Ambulance, with ample parking and minutes to downtown & Blatchford. New construction. Proven income. Massive growth potential. A smart investment in one of Edmonton’s busiest corridors!
Features of 12220 118 Avenue
| MLS® # | E4442088 |
|---|---|
| Price | $3,850,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 2022 |
| Type | Retail |
| Status | Active |
Community Information
| Address | 12220 118 Avenue |
|---|---|
| Area | Edmonton |
| Subdivision | Prince Charles |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T5L 2K1 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Suite | No |
| Has Basement | No |
Exterior
| Exterior | Brick, Concrete, Steel Frame |
|---|---|
| Roof | Mixed |
| Construction | Brick, Concrete, Steel Frame |
Additional Information
| Date Listed | June 12th, 2025 |
|---|---|
| Days on Market | 135 |
| Zoning | Zone 04 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Ben Yovel Of Exp Realty |
|---|