Former Edmonton Army & Navy Department Store Listed for Sale
A former Army & Navy discount department store in Edmonton’s Old Strathcona district is being listed for sale for $6.6 million.
The property is located on at the corner of Whyte Avenue and Calgary Trail. The store closed permanently in 2020 but has been used occasionally for special events.
Royal LePage is listing the property. The company says the entire site could sold or buyers could acquire the building and a rear income-producing parking lot separately.
The building is being listed for $4.2 million and the asking price for the land is $.2.1 million. Royal LePage says the parking lot could continue to operate once the property is sold, or be redeveloped.
The entire site comprises 28,404 square feet.
Built in the early 1950s, the Army & Navy store is credited with establishing Whyte Avenue, a popular retail and entertainment district.
The Vancouver-based Army & Navy chain operated for 101 years before descendants of founder Sam Cohen shut it down permanently due to effects of the COVI9-19 pandemic. The Edmonton store initially closed temporarily and had had been slated to reopen, but the Cohen family decided to make the closure permanent while shuttering five stores altogether in the Alberta capital, Vancouver; New Westminster, B.C.; Langley, B.C.; and Calgary.
The Vancouver store, located on the Downtown Eastside, is in the process of being redeveloped under a partnership between the Cohen family and Bosa Properties.