Cushman and Wakefield Edmonton presents a unique opportunity for retailers and developers in the well-established neighborhood of Clareview and Hermitage. This prime commercial property offers exceptional visibility and easy access to major arterial roads, making it an ideal location for businesses and redevelopment projects.
The property, spanning 5.98 acres, boasts a fully serviced and paved site with a recent re-zoning to CG (General Commercial), providing remarkable versatility for a variety of businesses and future developments. With a substantial existing building of 39,893 SF on site, businesses can take advantage of immediate development opportunities.
This rare offering is especially beneficial for prospective developers or end users seeking a strategic location in northeast Edmonton. The property’s re-zoning to CG opens up possibilities for diverse retail and office condo projects, catering to businesses looking to own their own space.
The future development area, totaling 58,125 SF, presents an additional potential for expansion, with an estimated 25,000 SF earmarked for future development. This forward-thinking approach aligns with the growing demand for retail and commercial spaces in the area.
Don’t miss the chance to be part of this thriving neighborhood and secure a prominent space for your business or development project. Contact us to discuss leasing options or explore the potential for your envisioned development on this strategically located property.