Property Details

13344 97 St NW, Edmonton, Alberta, T5E4C9

13344 97 St NW, Edmonton, Alberta, T5E4C9 (ID 45211390)
Representative
Ron Perreault portrait
Ron Perreault
Sales Representative
Realty Executives of Sudbury Ltd. Brokerage
Cell: 705-698-7567
Tel: 705-586-3334

$18,500,000 - For sale

ID#:45211390

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. (id:2471)

Property Details
  • Property Address:13344 97 St NW, Edmonton, Alberta, T5E4C9
  • Property Type:Retail
  • Lot Size:141450.4175 sqft|3 - 5 acres
Structure Details for 13344 97 St NW, Edmonton, Alberta, T5E4C9
  • Building Age:1974
  • Floor Space:40620 sqft
Representative
Ron Perreault portrait
Ron Perreault
Sales Representative
Realty Executives of Sudbury Ltd. Brokerage
Cell: 705-698-7567
Tel: 705-586-3334
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13344 97 St NW, Edmonton, Alberta, T5E4C9

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