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12220 118 AV NW, Edmonton, Alberta, T5L 2K1

MLS® # E4408618
Commercial For Sale In Prince Charles, Edmonton, Alberta
$3,990,000
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
12220 118 Av Nw, Edmonton, AB
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ACTIVE
12220 118 AV NW, Edmonton, Alberta, T5L 2K1
$3,990,000

Property Information:

Dont miss this rare chance to own a brand-new Retail/Office building in a PRIME LOCATION with 118 Avenue frontage, surrounded by high-traffic businesses like McDonald's, St. John Ambulance, and popular retail shops. Offering unmatched visibility, this property features over 6,600 sq. ft. on the main floor with four retail units, perfectly positioned to draw customers. The second floor provides over 5,500 sq.f of flexible space, ideal for offices, a gym, or community use, and got endless leasing potential. Additional income is generated from the rented outdoor digital billboard, and all rented units are secured with 10-year leases, offering stable returns and a guaranteed ROI. With ample parking at the rear and plenty of street parking, convenience is at its best for tenants and visitors. Located just minutes from Blatchford development and downtown, this property is a prime opportunity for investors or owner/users to make their mark. Opportunities like this are rare, act fast before its gone! (id:27)

Property Features:

  • Property Type: Retail
  • Built in: 2022
  • No. of Parking Spaces: 16

Courtesy of: Exp Realty

REALTOR.ca  

Location of 12220 118 AV NW, Edmonton, Alberta, T5L 2K1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 12220 118 AV NW , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.2 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
32.2℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 12220 118 AV NW , experiences 10 significant 2-day storms per year, with about 196.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 212.5mm of precipitation per year.

Precipitation Per Storm

Past
196.5mm
2050
212.5mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 12220 118 AV NW, Edmonton, Alberta, T5L 2K1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,393.23

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.4 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

7.04 %

College/non-university certificate

22.57 %

University certificate (below bachelor)

0.29 %

University Degree

17.99 %

Commuter

Travel To Work

By Car

80.43 %

By Public Transit

14.54 %

By Walking

2.72 %

By Bicycle

0.0 %

By Other Methods

2.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.97 %

Houses

60.03 %

Own Vs. Rent