10541 81 Av Nw Edmonton, Alberta T6E 1X7
$2,495,000
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 Parks 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. (id:46923)
Property Details
| MLS® Number | E4396531 |
| Property Type | Vacant Land |
| Neigbourhood | Queen Alexandra |
| ParkingSpaceTotal | 21 |
Building
| ConstructedDate | 1937 |
| SizeInterior | 5872 Sqft |
Land
| Acreage | No |
| SizeIrregular | 17424 |
| SizeTotal | 17424 Sqft |
| SizeTotalText | 17424 Sqft |
https://www.realtor.ca/real-estate/27148160/10541-81-av-nw-edmonton-queen-alexandra
Interested?
Contact us for more information
Michael A. Pavone
Associate
8104 160 Ave Nw
Edmonton, Alberta T5Z 3J8
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 28 2024 05:51:39
REALTORS® Association of Edmonton
RE/MAX Elite