Edgewood Service Center under contract with commercial real estate firm

The Edgewood Service Center, located at 1017 Oxmoor Road, may soon shut its garages and be replaced by retail, restaurants and office space.

Shannon Waltchack Commercial Real Estate has released flyers advertising the 9,000-square-foot space to potential future tenants. Homewood resident and Shannon Waltchack associate broker Michael Murray said the property, which is under contract, is a prime candidate for what he called “adaptive reuse” — fitting an existing building to a new purpose rather than constructing something new.

“Edgewood’s on fire and it’s such a desirable place to live and the retail core is thriving,” said Derek Waltchack, one of the principals of Shannon Waltchack.

The flyers released so far state that the owners of Edgewood Service Center are retiring. However, owner Carolyn Pettus said recently that a final decision has not been made.

If the sale is finalized, Shannon Waltchack wants to gut the interior of the building, repaint it and ready it for a mix of restaurant, retail and office tenants. The garage doors would be replaced by glass and retail storefronts.

“The bones of the building are wonderful,” Waltchack said. “The garage lends itself to good retail spaces, and we’ll actually have some parking for those retailers, which will be unique to Edgewood.”

Murray said the garage would be split between retail and restaurant space. A two-story portion of the building, on the eastern or left end as viewed from Oxmoor Road, would have offices on the second floor and either retail or another office space on the ground floor.

Murray said the real estate firm is already in negotiations with potential tenants and seeking more. They’re looking for one or two restaurant concepts and a clothing store or similar tenant.

“We want to find retailers that are as unique as the neighborhood,” Murray said.

If the sale occurs, Murray said, no information can be released on tenants until lease agreements are complete. However, he said they are planning to have renovations done for tenants to move in by mid-summer 2016.

“The concepts who we’re talking with… we feel will be very well received in the community,” Murray said.

More details about the future of the Edgewood Service Center can be found in our March 2016 print issue.