PRIME INVESTMENT PROPERTY FOR SALE. Exceptional opportunity to own a stabilized income-generating asset on Edmonton’s iconic Jasper Avenue. The CORSO Building offers ±10,423 SF of modernized commercial space on an ±8,453 SF site. This two-storey, fully leased property features upscale restaurant tenants, 12 dedicated rear parking stalls, and strong in-place rental income. Extensively renovated between 2014–2018, the property is 100% occupied and delivers a solid 7% cap rate. Located in the heart of Downtown, steps from transit, amenities, and major developments. A true turnkey investment in a high-demand urban corridor.
Address
10343-49 Jasper Avenue AV NW NW
List Price
$6,100,000
Property Type
Commercial Sale
Area
Edmonton
Sub-Area
Downtown (Edmonton)
Year Built
1945
MLS® Number
E4440919
Listing Brokerage
RE/MAX Real Estate
Postal Code
T5J 1Y5
Zoning
Zone 12
Construction Materials
Brick, Concrete, Wood Frame
