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Edmonton four-unit retail strip sells for $1.9 million

Ottewell Plaza covers 10,046 square feet on a .80-acre site in northwest Edmonton with four ‘essential-service’ tenants, including a police station and a medical clinic.
Avison Young Real Estate Alberta, Edmonton, retail strip

Type of property:Retail development site

Location: 9803  71 Street NW, Edmonton.

Size of property:10,046 square feet

Size of land:34,679 square feet

In acres:0.80 acres

Zoning:CNC (Neighbourhood convenience retail)

List price:$2.1 million

Sale price:$1.9 million

Date of sale:August 24, 2020

Brokerage name:Avison Young Real Estate Alberta, Edmonton

Broker:Reed Newnham