5872 sqft
$2,995,000
PRIME WHYTE AVENUE PROPERTY! Fantastic Redevelopment Opportunity in the Whyte 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 tenants in place with triple-net lease providing $7,250 holding income. Church lease until February 2027. Site has CB2 zoning and falls within the Strathcona Area Redevelopment Plan which allows 6 stories. Great Development site for an RA8 or CO rezone. GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. (id:51454)
Business
Business Type
|
Other |
Business Sub Type
|
See remarks |
Property Details
MLS® Number
|
E4289962 |
Property Type
|
Vacant Land |
Neigbourhood
|
Queen Alexandra |
Parking Space Total
|
27 |
Building
Constructed Date
|
1937 |
Size Interior
|
5872 Sqft |
Land
Acreage
|
No |
Size Irregular
|
17424 |
Size Total
|
17424 Sqft |
Size Total Text
|
17424 Sqft |
https://www.realtor.ca/real-estate/24325457/10541-81-av-nw-edmonton-queen-alexandra