10541 81 AV NW, Edmonton AB, T6E 1X7

Active

10541 81 AV NW

Edmonton AB, T6E 1X7

C$2,495,000

Active

Land

Built in 1937

Courtesy of RE/MAX Elite, Michael A Pavone Listing Contact: +1 780-993-7249

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 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.

E4396531

MLSⓇ ID

July 9, 2024

Listed

October 14, 2024

Updated

Map

10541 81 AV NW
Edmonton AB, T6E 1X7

Other Property Details

Garage: No
View: No
Pool: No

Courtesy of RE/MAX Elite, Michael A Pavone

Listing Contact: +1 780-993-7249

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Data last updated: 10/14/2024 @ 7:39 PM UTC