Diamond Manor Apartment

address icon 10580 115 Edmonton Alberta

FEATURED For Sale Date icon Mar 10, 2026

Description

Mezzo offers the opportunity to acquire a fully leased, multi-tenant commercial asset situated on a prominent 0.52-acre DC2-zoned corner site in central Edmonton. The ??18,000 SF single-storey building is 100% occupied by four established tenants, providing stable in-place income supported by a diversified mix of retail, medical, fitness, office, and service-oriented users.The property benefits from exceptional corner exposure along both 115 Street and 106 Avenue, strong surrounding residential and commercial density, and long-term redevelopment optionality under DC2 zoning. With limited tenant concentration risk, stable tenancy, and future repositioning potential, Mezzo represents an attractive long-term hold opportunity for private and institutional investors seeking durable cash flow with embedded land value.The asset features separate tenant demising, metered services, rooftop HVAC, and flexible access via street frontage and rear lane, supporting long-term operational efficiency and tenant retention.

General info

  • MLS Listing ID 43690266

  • Bedrooms 0

  • Bathrooms 0

  • Year built 1958

Listed BY: Gurprit Gill, RE/MAX Real Estate

Location

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