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Renanza Realty
For sale

13344 97 St NW

Edmonton, Alberta

MLS® 45211390

$18,500,000

Status
Active
Property type
Retail
MLS® number
45211390
Bedrooms
Bathrooms
Year built
1974

Listing description

Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. The Kentwood Ford property — a 4. 86-acre, twoparcel automotive holding in the heart of north Edmonton’s established dealership corridor.

Offered at $18,500,000, the property represents a rare opportunity to secure a turn-key, scaled, high-exposure automotive facility on 97 Street NW, one of the city’s primary north-south arterials, together with a separately-titled parcel of mixed-use redevelopment land. The 3. 24-acre main site (13344 97 Street NW) is zoned CG and improved with a 40,620 SF full-service Ford dealership featuring a built-out new-vehicle showroom, 21 service hoists, drive-thru service reception, a dedicated auto body component, and extensive paved display and customer parking.

Extensively renovated in 2012 at a cost of approximately $4. 1 million, the facility is move-in ready for an incoming automotive operator — a genuine plug-and-play opportunity. The vendor, a leading Canadian dealership group, is relocating only because it has outgrown the premises.

The 1. 62-acre south parcel (10010 132 Avenue NW) is zoned Mixed Use (MU h16 f3. 5 cf) and offers built-in redevelopment optionality — a clean, separately-titled infill site suited to a six-storey multi-family or mixed-use building in one of Edmonton’s fastest-growing submarketshe property is offered as a single transaction at $18,500,000 — comprising the main dealership site at $375 per square foot and the excess MU land at $2,000,000 per acre — pricing that is well supported by recent market transactions.

While the vendor’s preference is a single sale of the entire holding, offers on the south MU parcel alone will also be considered.

Property summary

MLS® number
45211390
Property type
Retail
Square footage
40,620 sq ft
Land size
141450.4175 square feet
Built in
1974
Days on market
49 days

What would this home cost you?

Based on the $18,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$86,078 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HonestDoor Inc, Edmonton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.