Block 24 Investment Opportunity

10609 124 Street, Edmonton, AB T5N 1

Property Information

  • For Sale $5,750,000
  • Property Type Retail - Street Retail
  • Property Size 11,090 SF
  • Units 7
  • Lot Size 0.33 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Year Renovated 2024
  • Date Updated Sep 30, 2026

Description

Prominent corner site in the heart of Edmonton’s 124 Street shopping district, minutes from Downtown, the Brewery District and Oliver Square.Prominent corner site at 124 Street and 106 Avenue, in the heart of the 124 Street shopping district — one of Edmonton’s most vibrant and walkable retail corridors, known for its independent boutiques, galleries, cafés and restaurants. The property is minutes from Downtown, the Brewery District and Oliver Square, and is surrounded by established, mature neighbourhoods. See page 3 for the location map and area demographics. Fully leased, ± 11,090 SF stabilized investment with seven tenants across medical, wellness, café, personal service and retail uses. The diversified tenant mix spreads income across multiple businesses and sectors, reducing reliance on any single tenant. Converted from a single-tenant to a multi-tenant building, adding a central staircase and lower-level retail spaces (formerly basement office). Updated mechanical and electrical service; new roof, plumbing, HVAC, elevator and exterior windows; extensive exterior concrete work; new signage and exterior lighting plan; and a full interior fit and finish redevelopment. ± 0.33 AC site with on-site surface parking, ample street parking and flexible MU (Mixed Use) zoning.

Contacts

Location

Located at 10609 124 Street, Edmonton, AB T5N 1, this property is part of the Westmount neighborhood.

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.