Property view at 3940 Gateway Boulevard NW, Edmonton - Commercial investment property with 47,275 sqft - Photo 1 of 2 | Calgary real estate investment
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3940 Gateway Boulevard NW

Edmonton, Alberta T6J 5H2
MLS® A225289650 days on marketListed Aug 27, 2025
Exclusive Offering
$21,464,500
47,275Living Space
1988Year Built

Property Overview

Location, Location Location!! One of a kind opportunity to acquire 47,000 sqft+ building sitting on 3.9 Acres with great access and ideally situated between Calgary Trail and Gateway Boulevard with a combined daily traffic of 70,000 vehicles per day and direct visibility from Gateway Blvd.

This property is located in the South Park Centre development, a 369,000 sf center anchored by a 90,000 sf Walmart, a 34,600 sf Goodlife, and a 43,000 sf H Mart.

South Park Centre is a one stop shopping destination featuring a strong mix of national and local retail and service tenants.

The site caters to over 153,500 people within a 5km radius, with an average household income of over $107,800.

Do not miss this opportunity to own this property for your own business or add it to your holding portfolio.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$454/sqft
Premium pricing - ensure strong rent potential

Investment Considerations

Mature Property: Potential value-add opportunity through renovations. Budget for capital improvements.
Extended Market Time: Above average days on market. Seller may be more motivated to negotiate.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.