10541 81 Av NW - Commercial LAND FOR SALE


Edmonton, AB T6E 1X7 17,424 SF
$2,495,000 CAD
587-413-5215
10541 81 Av NW, Edmonton, AB for Sale
$2,495,000 CAD
Commercial LAND - FOR SALE
1/18
17,424 SF

10541 81 Av NW
Edmonton, AB T6E 1X7


HIGHLIGHTS

  • Great Location
  • Excellent church tenant in place with triple-net lease on building providing holding income until February 2027.
  • Fantastic Redevelopment Opportunity in the Whyte Avenue Area

OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$2,495,000 CAD

PRICE/ACRE

$6,237,500/AC

PRICE/SF

$143 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.4 AC

LAND SF

17,424 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MU h16 f3.5 cf

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael PavoneThe Michael Pavone Realty GroupMore Info
587-413-5215

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Michael PavoneThe Michael Pavone Realty GroupMore Info
587-413-5215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.