, Edmonton

2026-05-10

, Edmonton, Alberta

3500 ft²
For Sale Retail
$949,999

MLS®#44845686

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)

Building Retail
Rooms
Bedrooms
Bathrooms 0
Square Footage 3500 ft²
Built in
Parking Type
Neighbourhood Edmonton

How much could you save on commission?

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

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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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 1% Deal
Christine
Christine Tetreault

Broker / Owner / Associate

christine.onepercent@gmail.com

(780) 268-4888

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
                REAL ESTATE NEGOTIATION EXPERT (RENE)                  SENIORS REAL ESTATE SPECIALIST (SRES)         CERTIFIED REAL ESTATE BROKERAGE MANAGER (CRB)               TOP 10% FOR MLS® SALES IN EDMONTON FOR NUMEROUS YEARS  ...
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