, Edmonton

2026-06-03

, Edmonton, Alberta

5 Garage
For Sale Retail
$599,900

MLS®#44997565

Excellent investment and owner-user opportunity! This solid 2-storey mixed-use commercial building is strategically located in the heart of Chinatown with outstanding exposure along busy 97 Street NW. The main floor is currently home to a well-established restaurant featuring a fully equipped commercial kitchen and spacious dining area. The upper level offers two self-contained residential suites, including one 2-bedroom and one 1-bedroom unit, each with separate entrances, providing additional rental income potential.The full basement offers excellent utility with rough-in for a walk-in cooler/freezer and ample space for storage, office use, or food preparation. A chain-link fenced rear yard provides secure on-site parking and added operational flexibility.After successfully operating the business for 29 years, the owner is ready to retire, creating a rare opportunity to acquire both a thriving business location and a versatile mixed-use property. Ideal for owner-operators, entrepreneurs looking to expand, or investors seeking multiple income streams in a high-exposure location. (id:32467)

Building Retail
Rooms
Bedrooms
Bathrooms 0
Square Footage 0 ft²
Built in 1954
Parking Type 5
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
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