This property is listed by Michael Pavone of RE/MAX Elite.
Data was last updated 2024-11-26 at 14:19:06 GMT
$2,495,000
10541 81 AV NW Edmonton, AB
PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AREA PROPERTY! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue Area. This site is 4 lots measuring 33? x 132?. Total site measures 132? wide x 132? deep for a total of 17,424 sq.ft. Directly south of South Park?s approved development including four Towers up to 16 stories. Excellent church tenant in place with triple-net lease on building providing holding income until February 2027. Garage has rental income as well. Site has Medium Residential zoning and falls within the Strathcona Area Redevelopment Plan which allows 21 Meter height rezone good for 6 stories. Zoning Mixed Use (MU h16 f3.5 cf) Very high density with FAR 3.5.
Listing Information
- Prop. Type:
- Land (Commercial)
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4396531
- Neighbourhood:
- Queen Alexandra
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $2,495,000
General Information
- Year Built:
- 1937
- Zoning/Land Use Code:
- For Sale
- Region:
- Edmonton
Additional Information
- Plan:
- I26
- Legal Block:
- 48
- Legal Lot/Unit:
- 9
Other Information
- Land Size Acres:
- 0.4
- Land Size Hectares:
- 0.16
- Building Type:
- Mixed Use, See Private Remarks
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Location
Anu Khullar
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.