Land Commercial for Sale
Property For Sale In Queen Alexandra, Edmonton
- MLS®#: E4396531
- Price: $2,495,000
- Year Built: 1937
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.
Contact Larry Ipsum About MLS® E4396531
Larry Ipsum, 780-425-6270 at Redman Tech Commercial Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3
property information
- Property Type: Land Commercial
- MLS®#: E4396531
- Year Built: 1937
Community Information
- Neighbourhood: Queen Alexandra
- City: Edmonton
- Postal Code: T6E 1X7
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