Property for Sale

Courtesy of Glen Good of RE/MAX Real Estate

Property For Sale In Sturgeon

Property for Sale, MLS® # 44802240
  • MLS®#: 44802240
  • Price: $1,800,000
  • Year Built: 2021
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Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Pr

Contact Glen Good About MLS® 44802240

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Glen Good, 780-939-1111 at RE/MAX Real Estate, 102-4245 97 Street, Edmonton, Alberta, T6E 5Y7

property information

  • MLS®#: 44802240
  • Year Built: 2021
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Community Information

  • City: Sturgeon
  • Postal Code: T8R 1A2
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Disclaimer: Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 1, 2026, 2:40 pm.

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