Terrie M Reekie
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Courtesy of Sam Raheel and Romi Sarna of MaxWell Polaris

10106 118 Street NW
Zone 07 Edmonton T5K 1Y4

$599,000
Business

View of commercial location
Photo 1: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
Photo 2: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
Photo 3: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
Photo 4: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
Photo 5: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
Photo 6: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
Status:
Active
Prop. Type:
Business
MLS® Num:
E4452520
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Profitable and well-established Mediterranean restaurant located in the heart of Edmonton’s vibrant downtown, surrounded by offices, nightlife, and high pedestrian traffic. Operating since 2006 with a loyal customer base, this turnkey business offers dine-in, takeout, and delivery through SkipTheDishes and Uber Eats. Strong late-night sales driven by the bustling club and entertainment scene nearby. Seating for 48 guests, with a long-term 5+5 lease Consistent annual sales exceeding $1M with strong Seller’s Discretionary Earnings. All equipment included. Ideal for an owner-operator or investor seeking a high-return opportunity. Please do not approach staff. Financials available to qualified buyers with signed NDA. Seize this rare chance to own a profitable restaurant in one of the city’s busiest areas.
Property Type:
Business
Transaction Type:
For Sale
Sale Type:
Asset
Lease Oper Costs Per Sq M:
$0
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Taxes:
# of Units:
0
Bathrooms:
- (Full:-/Half:-)
Num. of Parcels:
1
None
Rental Lease
Association Fee Frequency:
Association Fee Amount:
Seller Rights Reserved:
Yes
Zone:
Zone 07
Zoning:
Zone 07
LINC Number:
B444403504
Days On Website:
17 day(s)
  • Photo 1: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
    View of commercial location
  • Photo 2: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
    View of property
  • Photo 3: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
    View of patio with outdoor dining space
  • Photo 4: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
    Dining room featuring a drop ceiling and light tile patterned flooring
  • Photo 5: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
    Dining room with a drop ceiling
  • Photo 6: 10106 118 Street NW in Edmonton: Zone 07 Business for sale : MLS®# E4452520
    Kitchen with dark cabinetry, dark tile patterned flooring, stainless steel counters, and a drop ceiling
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Data was last updated August 29, 2025 at 07:30 PM (UTC)
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated on August 29, 2025 at 07:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.