$850,000
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Unit 3, 7003 199 Street NW, Edmonton, AB T5T 3A8

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HUGE OPPORTUNITY to build and own an ideally-sized commercial building on a high-visibility location supported by an upscale local draw area. REALIZE HUGE SAVINGS in capital investment and long-term operational costs! ONLY THREE PARCELS in this rare 2-acre bare land commercial condominium project, featuring a huge 1.1 acre common area with enough parking, green space and waste locations to fulfill any DP requirements. The small self-governed condo structure makes for huge savings in land acquisition, construction, and maintenance costs PLUS saves on management expenses while ensuring hands-on control. YOUR PURCHASE IS NOT JUST THE TITLED LAND - you also become 1/3 owner of the entire condo corp including the common property AND all related assets! Perfect for small / mid-scale developers & built-to-suit owners. BUILD OUT POTENTIAL - This parcel fits a 3, 200+ sq.ft floor plate, and height allowance of 16m making the build-out potential huge! Build-out of 9, 500 to 12, 800 sq.ft over 3 or 4 floors. Buildable footprint is perfect for professional / medical firms, service centres, childcare & more. Ideal for at-grade local retail due to build area size & shape (with zoning). The lot has another 3, 000 sq.ft of outdoor space for amenities - ideal for child care operators. THE VALUE IS HUGE - An equivalent standalone infill site would need a half-acre of land plus the cost of demolition, parking, access, and waste mgmt. NOT REQUIRED HERE! With 70 existing stalls plus area area for 30 more, AND major property setbacks largely in the huge common area, this is a turn-key build-out site with huge capital investment savings. THE LOCATION IS VERY RARE - located between Anthony Henday and 199th ST in west Edmonton's fully developed & semi-affluent Glastonbury area, there are 40, 000 high-income people within 2km - and limited commercial to support them. This makes STRONG LOCAL DEMAND. Public transit is adjacent with a major ETS transportation hub nearby. Current zoning is UF with 16m height allowance which aligns closely to BE (Business Employment) and CG (Commercial General) in height / location requirements making for great development flexibility. ONLY 2 PARCELS AVAILABLE, the 3rd already occupied by a church building. THIS LISTING - Unit 3: Effective size of 0.47 acres (see below info). ALSO AVAILABLE: MLS A2313152 - Unit 2: Effective size of 1.25 acres (see listing) and build-out potential for 42, 500 to 55, 000 sq.ft. CAPTURE UNPARALLELED ROI - Take advantage of a build-site specifically designed to optimize building footprint and maximize investment / operational value! MORE MATERIALS AVAILABLE ON REQUEST. PLEASE DO NOT VISIT THE PROJECT WITHOUT AGENT PRE-APPROVAL. NOTE: Unscheduled site visits may result in a security response. Lot area note: Title area 0.14 acres + ownership in 1.1 acre common. As instructed by CREB, total lot size includes parcel plus typical parking /related common area to support 4 stories of commercial.

Listing By: Joseph Belland - CIR Realty cnpilar Realty.com
  • MLS® A2313155
  • Date Listed06/01/2026
  • Days on Realty 4 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 1.27 acres (55,250 sq. ft)
  • Subdivision Glastonbury
  • County Edmonton

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 1.27
  • Lot Size SQFT 55,250.00
  • Lot Features Near Public Transit, See Remarks

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T5T 3A8

Discover key demographics, population statistics, and environmental insights for the Edmonton, AB area.

Walkability in AB / T5T 3A8

Source: Walk Score

18/100

Car-Dependent

Walk Score ®

37/100

Some Transit

Transit Score ®

35/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 31/100, Bike Score: 33/100.

Points of Interest near Unit 3, 7003 199 Street NW, Edmonton, AB T5T 3A8

Frequently Asked Questions for Unit 3, 7003 199 Street NW

Source: Realty.com

Unit 3, 7003 199 Street NW, Edmonton, AB T5T 3A8 in Glastonbury, Edmonton, AB T5T 3A8 is a commercial land listed at $850,000. Highlights include 1.27 acre lot, HOA fee $1 Semi-Annually. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of Unit 3, 7003 199 Street NW.

The full address for this home is Unit 3, 7003 199 Street NW, Edmonton, AB T5T 3A8.

Unit 3, 7003 199 Street NW has been listed on Realty.com since Mon June 01, 2026

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 31/100, Bike Score: 33/100.

Listing provided courtesy of: CIR Realty (tel: 403-294-1500)
Listing agent: Joseph Belland (tel: 403-923-2863)

This content last refreshed on 2026-06-05 08:26:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.