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$ 6,100,000
Est. payment | /mo
$ 6,100,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4440919
Year Built 1945
Property Description
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.
Location
Province AB
Zoning Zone 12
Others
Tax ID 0012252839
Ownership Private
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Gurprit Gill • RE/MAX Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "