, Edmonton

2026-06-03
 

Quick Summary

Location
, Edmonton, Alberta T5H2L5
Price
$599,900 CAD
Status:
For Sale
Property Type:
Retail
Garages:
5
Year of Construction:
1954

MLS®#44997565

Property Description

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)

Property Features

Building

  • Fireplace: No

Land

  • Land Size: 3299.67 sqft|under 1/2 acre

Information entered by Century 21 Masters
Listing information last updated on: 2026-06-24 15:17:42


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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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