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Listing
10541 81 Avenue
Listed by RE/MAX Elite.
$2,995,000
MLS®# : 44215930
Summary
***REZONING APPROVED*** TO 21 METER HEIGHT GOOD FOR 6 STORIES OF DEVELOPMENT & F.A.R of 4.5 !!!. PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AND UNIVERSITY AREA! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue and University 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 (May be able to relocate tenant sooner if needed). Garage has rental income as well.
Listing Information
- Prop. Type
- Land
- Status
- Active
- City
- Edmonton
- MLS® Number
- 44215930
- Area
- Edmonton
- Province
- Alberta
- Listing Price
- $2,995,000
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This property is listed by RE/MAX Elite and provided here courtesy of Ryan Lauber. For more information or to schedule a viewing please contact Ryan Lauber.