Exceptional investment and could be owner-user opportunity! This well-maintained multi-tenant industrial property offers approximately 10,050 sq. ft. across four bays, providing flexibility for a variety of industrial and commercial uses. The building features spacious warehouse areas, 16-foot steel overhead doors, mezzanine storage, and functional layouts designed for efficient operations. Currently occupied by a well-established automotive repair business, this property is ideally located just minutes from 50 Street and Yellowhead Trail (Highway 16), offering excellent access for transportation, logistics, and industrial businesses. Situated on multiple titled lots (12803–12811 56 Street NW), this is a rare opportunity to acquire a versatile industrial asset in a high-demand industrial corridor. Ideal for investors seeking stable income or owner-occupiers looking to expand their business in a prime Edmonton location.
Essential information
MLS® number
A2324412
Status
Active
Price
$1,700,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
None Known
Building area
10,050 sq ft
Lot size
16,200 sq ft
Year built
1973
Structure
Industrial
Listing brokerage
smartPRO Realty
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
IM
Commercial
Business type
Auto Repair-Specialty, Auto Service
Lease term remaining
24 months
Community
City
Edmonton
Province
AB
Postal code
T5A0C9
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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10 photos$149,900R, 116 Monument Place SE, Calgary
