10551 114 St NW, Edmonton
- Building fully renovated in 2015 with high end finishes. Stripped down to concrete shell and 1.6 million of improvements were put into it. Originally built in 1958, as a cold war era building, the enginner actually designed this as a bomb rated building.
- the basic designed in L shaped with two wings, north and east. Main floor mostly office and the lower level is flex space with a large boardroom. Kitchen area, gym and showers.
- Building was designed to accommodate additional floors, each floor has it's own dedicated HVAC unit and the building was engineering with an additional HVAC unit in mind for a third floor.
- Climate control with 10 separate zones
- High speed internet in building
- Fully programmable ""smart"" building systems, including lights, heating controls and alarms.
- Excellent parking close to downtown
- Facilitates multiple exit strategies for buyers including buy-and-hold, redevelopment and future sale to MacEwan. Up and coming area.
Redevelopment exit or long term hold
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Property details for 10551 114 St NW, Edmonton
- Type
- Commercial
- Living Area
- 7,516 sq ft
Nearby Listings Stat
Estimated price and comparable properties near 10551 114 St NW
Active Listings
691
Min Price
$1,600
Max Price
$4,500,000
Avg Price
$484,106
Days on Market
99
days
Sold Listings
221
Min Sold Price
$19,500
Max Sold Price
$2,599,000
Avg Sold Price
$406,145
Days until Sold
83
days
Price History
Listed
September 29, 2021
Current Price
$2,250,000
Type
Commercial
For Sale