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10050 112 Street, Edmonton, Alberta, T5K 2J1

MLS® # 44223122
Commercial For Sale In Oliver, Edmonton, Alberta

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10050 112 Street, Edmonton, Alberta, T5K 2J1

Property Information:

Compass Place presents a compelling investment opportunity in the heart of downtown Edmonton. Offered for sale at $11,000,000 (negotiable), this well-located commercial asset provides significant value-add and income-growth potential for the discerning investor.The building is partially leased, creating immediate upside through lease-up, repositioning, or tenant mix optimization. Its current vacancy allows a new owner the flexibility to enhance cash flow, attract quality tenants, or explore alternative strategies tailored to market demand. Ideally situated within Edmonton’s downtown core, Compass Place benefits from strong visibility, accessibility, and proximity to major business, retail, and transit corridors—making it an attractive destination for both tenants and investors alike. This is a rare opportunity to acquire a downtown commercial property with scale, flexibility, and long-term appreciation potential. Well suited for investors seeking stable fundamentals with clear upside, owner-operators, or groups looking to reposition a prominent asset in a growing urban market. (id:27)

Property Features:

  • Property Type: Office
  • Built in: 1984
  • Irregular: Yes
  • Lot Size: 13068.00 Square Feet

Courtesy of: RE/MAX Elite

REALTOR.ca  

Location of 10050 112 Street, Edmonton, Alberta, T5K 2J1

Demographic Information of 10050 112 Street, Edmonton, Alberta, T5K 2J1

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$124,821.03

Average Number of Children

1.29

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.34 %

High school certificate or equivalent

23.94 %

Apprenticeship trade certificate/diploma

5.86 %

College/non-university certificate

15.95 %

University certificate (below bachelor)

2.25 %

University Degree

44.67 %

Commuter

Travel To Work

By Car

60.03 %

By Public Transit

16.17 %

By Walking

17.04 %

By Bicycle

0.71 %

By Other Methods

6.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

98.55 %

Houses

1.45 %

Own Vs. Rent