10541 81 Av Nw, Edmonton, Alberta T6E 1X7

$2,495,000
10541 81 AV NW
35
Description

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. Total site measures 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 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. (id:47825)

Address
Address: 10541 81 AV NW
Address Line1: 10541 81 AV NW
City: edmonton
Province: Alberta
Postal Code: T6E1X7
Country: Canada
Neighbourhood: Queen Alexandra

Details
Price: $2,495,000
Bedrooms: 0
Bathrooms: 0
MLS ID: E4396531
Lease: 0.00
Listing Contract Date: 2024-07-09
Parking Space Total: 21
Property Type: Vacant Land
More Information Link
Constructed Date: 1937
Fireplace Present: False
Size Interior: 5872 sqft
Size Total: 17424 sqft
Size Total Text: 17424 sqft
Acreage: false
Size Irregular: 17424
Parking:
Custom Listing: 0
Board: 10

Michael A. Pavone (1572466)

Agent Details
Michael A. Pavone (1572466) Associate

(780) 993-7249

(780) 406-8777

www.michaelpavone.com/

https://www.linkedin.com/in/michaelpavone1/

RE/MAX Elite

Agent Office
RE/MAX Elite

8104 160 Ave NW
Edmonton, Alberta T5Z 3J8

(780) 406-4000

(780) 406-8777

Contact Us

Contact - Property Single

Twp Rd 574 Rr 93, Rural St. Paul County, Alberta T0A 3A0
Southeast Twp 560 Rr 252, Rural Sturgeon County, Alberta T8R 1S1