7727 85 St, Edmonton
Exceptional opportunity to own a well-established commercial property and restaurant business in the highly desirable King Edward Park neighbourhood in southeast Edmonton. Ideally situated near the scenic Mill Creek Ravine and immediately south of University of Alberta Faculté Saint-Jean, this prime location benefits from strong residential density, excellent visibility, and steady local traffic.This well-maintained commercial building offers approximately 2,500 sq. ft. on the main floor plus an additional 1,000 sq. ft. on the second level, providing excellent flexibility for a variety of uses. The upper floor presents a rare opportunity for an owner-operator to live on-site, or alternatively utilize or lease the space for additional business or office use.Built in 1973, the property features a solid concrete structure with a durable stucco exterior and has been recently refreshed with new exterior painting, reflecting pride of ownership and ongoing maintenance. Functional vehicle access is available from the north back lane as well as from 85 Street NW along the west elevation of the building.Zoned Neighbourhood Commercial (NC), this versatile property offers excellent potential for continued restaurant operations or future redevelopment opportunities. The current owner is looking to retire, creating a rare chance for entrepreneurs or investors to acquire a long-standing business and real estate asset in an established central Edmonton neighbourhood. (id:1945)
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Property details for 7727 85 St, Edmonton
- Type
- Commercial
- Living Area
- 3,500 square feet
- Lot Size
- 3596.8860968748204
Nearby Listings Stat
Estimated price and comparable properties near 7727 85 St
Active Listings
269
Min Price
$3,600
Max Price
$9,300,000
Avg Price
$706,138
Days on Market
96
days
Sold Listings
104
Min Sold Price
$29,900
Max Sold Price
$5,000,000
Avg Sold Price
$603,408
Days until Sold
75
days
Neighbourhood Census Data
Edmonton, Alberta
Population
542
Median Age
34.9
Median Income
$43,136
Dwelling Value
$385,007
Housing Tenure
Owners 57%
Renters 41%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 2,231.4/km²
Avg Shelter Cost: $1,602/mo
Owners with Mortgage: 72.4%
Owners Spending 30%+: 21.4%
Tenants Spending 30%+: 30%
English only: 81.7%
French only: 0.9%
English and French: 17.4%
Neither: 0.9%
Median Household Income: $79,445
Median Employment Income: $46,080
Price History
Listed
May 9, 2026
by Royal Lepage Arteam Realty
Current Price
$949,999
-13.6% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $949,999 | $150,001 (-13.6%) |
| Jun 30, 2026 | $1,100,000 | Listed |
