$2,495,000
FOR SALE

Land

10541 81 Av Nw
Edmonton, AB T6E 1X7 | Queen Alexandra

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 totaling 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:47421)
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Listed By RE/MAX Elite
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4396531
Last Updated Jul 09, 2024
Property Summary
Property Type Land

More like this:
Neighbourhood Queen Alexandra
Price History

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Detailed Information
Listing Contract Date 2024-07-09
Municipal ID ZZ999999999
# of Parking Spaces 21
Property Type Vacant Land
Transaction Type For sale
Building
Constructed Date 1937
Land
Total Size 17424 square feet
Size of Irregular Land 17424

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