Bay Plaza, located at 3160 Parsons Road NW in Edmonton, AB, presents a prime opportunity to acquire a 3,329-square-foot medical office condo designed for healthcare, wellness, and professional users.
Spanning two levels, this premium commercial unit combines functional medical infrastructure with flexible office space, featuring expansive windows that provide abundant natural light, a mix of exam rooms and open-concept areas, second-floor lab space, and six dedicated parking stalls. Positioned at two signalized intersections, it benefits from exceptional visibility, prominent pylon signage, and exposure to more than 16,300 vehicles daily, creating a strong presence for medical practices and healthcare operators. The turnkey layout allows an owner/user to establish or expand operations while gaining long-term occupancy control and building equity in a well-maintained commercial asset.
Located along Parsons Road, it provides direct connections to Gateway Boulevard and Whitemud Drive, creating efficient access to Edmonton's primary commuter routes and surrounding commercial districts. The location is anchored by nearby South Edmonton Common, one of Alberta's largest retail and commercial destinations, generating significant traffic and activity throughout the day. Medical professionals benefit from proximity to major healthcare institutions, including Grey Nuns Community Hospital within 5 kilometres and the University of Alberta Hospital and Stollery Children's Hospital within 10 kilometres. The surrounding area also offers an extensive amenity base, with national retailers and services such as Winners, Tim Hortons, Olive Garden, Red Lobster, PetSmart, and Shoppers Drug Mart nearby, enhancing convenience.
South Edmonton continues to be one of the city's most dynamic commercial markets, supported by a population of 177,000 residents within a 5-kilometre radius, an average household income of CA$112,313, and annual consumer spending exceeding CA$6.2 billion. The area also benefits from a highly educated workforce, with 54% of residents holding a university degree or certificate, supporting demand for healthcare and professional services. Bay Plaza offers a prime opportunity for medical and professional owner/users seeking a strategic long-term location in one of Edmonton's most established and rapidly growing commercial nodes.
Jefri Estrada
The E Group Real Estate
