- For Sale $3,260,000
- Property Type Office - Flex - Office
- Property Size 17,312 SF
- Lot Size 1.59 Acre
- Date Updated May 6, 2026
Description
• 17,312 sq ft ± of retail/office/flex space on 1.59 acres ± of leased land in North-Central Edmonton
• Income-producing asset with three tenants in place and a vacant suite ideal for owner-user daycare or business occupancy
• Exposure to 28,944 vehicles per average weekday on 118 Ave and 17,172 vehicles per average weekday on 121 St (City of Edmonton, 2023)
• Parking is outstanding (~72 stalls for the whole building)
• Elevator, second floor rooftop patio and outdoor storage areas
• Ideal for daycares, accounting firms, law firms, and medical offices
• For Sale: $3,260,000.00 Financial and supporting documents available upon completion of NDA
OTHER FEATURES Elevator, rooftop patio, grade level OH door, next to green belt POWER 800 Amps (TBC) at 120/208 volts FENCED YARD AREA 2,800 sq ft ± of fenced storage, more possible on site (TBC) PARKING 72 stalls total for the entire building SIGNAGE Main floor on building SECURITY Alarm, camera, intercom and parking lights INTERNET Shaw Fibre (TBC)
PROPERTY TAXES $86,560/ yr (TBC) LAND LEASE $5,320.00/mo (TBC) OWNERSHIP TYPE Leasehold Estate - This is a sale of the building and leasehold interest only—the buyer will own the improvements and assume the long-term land lease from the City of Edmonton, but not the land itself
• Revenue in place: Income-producing property with three tenants in place; flexible lease terms allow for potential extensions or vacancy to accommodate owner-user needs. Lease details available upon completion of confidentiality agreement. • Available Space: Vacant space ideal for daycare – ready for immediate owner use
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Contacts
Royal Park Realty
Location
Located at 11816 121 Street Northwest, Edmonton, AB T5L 5H5, this property is part of the Edmonton Municipal Airport neighborhood.
Royal Park Realty