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10142 111 St NW
Edmonton, AB T5K 1K6 Downtown

$1,176,261 USD

Apartments Condo For Sale  •  5,382 SF

Property Details

  • Property Type Apartments
  • Total Building Size 158,350 SF
  • Lot Size 0.96 AC
  • Building Class B
  • Year Built 2000
  • Zoning CO
90 Transit Score
90 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 2/3/4 Medical Office 5,382 SF $1,176,261 USD
  • Unit Size: 5,382 SF
  • Condo Use: Medical Office
  • Price: $1,176,261 USD
  • Sale Type: Investment
  • Price/SF: $218.55 USD
Description
Income-generating retail/medical condo in Edmonton’s Oliver neighborhood. Features modern medical buildout, underground parking, and long-term regional tenant in place, providing stable returns and strong cap rate performance.

Sale Notes
Retail/medical condominium located at 10126 111 Street, Edmonton, offering ±5,382 sq. ft. of improved medical space. This income-producing asset features a long-term regional tenant under lease until 2029, providing reliable cash flow with a 6.84% cap rate. Situated in a high-density urban community with excellent accessibility and nearby amenities.

Description 

The property at 10142 111 Street NW, Edmonton is identified as Meridian Plaza/Meridian Suites, a multi-story condominium building in downtown Edmonton. The building consists of multiple units, including units for individual sale, and is serviced with on-site parking. It sits near Jasper Avenue and offers proximity to retail businesses, dining, entertainment districts, and public transportation. The surrounding area is characterized by mixed-use development and significant residential density.

Highlights

Ample parking in the area.
On site parking
Lots of natural light

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Fireplace
  • Fitness Center
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Heating
  • On-Site Retail
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Elevator
  • Online Services
  • Freezer
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Edmonton (Vancouver - Toronto - VIA Rail) 9 min - 3.6 mi
Transit/SubwayDriveWalkDistance
Corona Station (LRT Capital Line - Edmonton Transit Service, LRT Metro Line - Edmonton Transit Service) 1 min 7 min 0.4 mi
Government Station (LRT Capital Line - Edmonton Transit Service, LRT Metro Line - Edmonton Transit Service) 2 min 10 min 0.5 mi
Bay Enterprise Square Station (LRT Capital Line - Edmonton Transit Service, LRT Metro Line - Edmonton Transit Service) 2 min 12 min 0.7 mi
Bay Enterprise Square Station (LRT Capital Line - Edmonton Transit Service, LRT Metro Line - Edmonton Transit Service) 2 min 13 min 0.7 mi
Macewan Station (LRT Metro Line - Edmonton Transit Service) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Edmonton International 31 min - 18.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Covered
Included in Rent: Yes
Tom Dean 587-405-7654 Lizotte & Associates Real Estate Inc.
Tom Dean 587-405-7654 Lizotte & Associates Real Estate Inc.