, Edmonton

2026-05-10
 

Quick Summary

Location
, Edmonton, Alberta T6C3B4
Price
$949,999 CAD
Status:
For Sale
Property Type:
Retail
Area:
3500 sqft
Video Link:

MLS®#44845686

Property Description

Exceptional opportunity to own a well-established commercial property and restaurant business in the highly desirable King Edward Park neighbourhood in southeast Edmonton. Ideally situated near the scenic Mill Creek Ravine and immediately south of University of Alberta Faculté Saint-Jean, this prime location benefits from strong residential density, excellent visibility, and steady local traffic.This well-maintained commercial building offers approximately 2,500 sq. ft. on the main floor plus an additional 1,000 sq. ft. on the second level, providing excellent flexibility for a variety of uses. The upper floor presents a rare opportunity for an owner-operator to live on-site, or alternatively utilize or lease the space for additional business or office use.Built in 1973, the property features a solid concrete structure with a durable stucco exterior and has been recently refreshed with new exterior painting, reflecting pride of ownership and ongoing maintenance. Functional vehicle access is available from the north back lane as well as from 85 Street NW along the west elevation of the building.Zoned Neighbourhood Commercial (NC), this versatile property offers excellent potential for continued restaurant operations or future redevelopment opportunities. The current owner is looking to retire, creating a rare chance for entrepreneurs or investors to acquire a long-standing business and real estate asset in an established central Edmonton neighbourhood. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 3500 sqft

Land

  • Land Size: 3596.8861 sqft|under 1/2 acre

Information entered by Royal Lepage Arteam Realty
Listing information last updated on: 2026-06-30 23:14:03


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


Learn more about the One Percent Realty Deal

 

Christine Tetreault Broker / Owner / Associate

Phone:
(780) 268-4888
Email:
christine.onepercent@gmail.com
Support Area:
Windermere, Glenora, Belgravia, Griesbach, Bonnie Doon, Strathcona, Westmount, Summerside, Crestwood, Laurier Heights, Parkview, Magrath Heights, Highlands, Terwillegar Towne, Sherwood Park, West Edmonton, Spruce Grove, St. Albert, Jasper Place, Balwin, Stony Plain, Edmonton

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Bhavya Soni Associate

Phone:
7807070479
Email:
Opendreamdoorswithbhavya@gmail.com
Support Area:
Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley

Bhavya Soni is one of the top performing full-time agents of One Percent Realty. Her name has been p ...

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Monika Lukavicius Associate

Phone:
7808853882
Email:
monikalukavicius1percent@gmail.com
Support Area:
Edmonton, St. Albert, Morinville

Hi I'm Monika and truly believe in value that 1% has to offer. My background is in construction and ...

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