10541 81 Avenue Edmonton, Alberta T6E 1X7

$2,950,000

***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. (id:49203)

Property Details

MLS® Number 44215930
Property Type Vacant Land

Building

Land

Acreage No
Size Irregular 17424
Size Total 17424 Sqft|under 1/2 Acre
Size Total Text 17424 Sqft|under 1/2 Acre

https://www.realtor.ca/real-estate/29292014/10541-81-avenue-edmonton

Contact Us

Contact us for more information

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Michael A. Pavone
Associate

(780) 993-7249
(780) 406-8777
www.michaelpavone.com/
www.facebook.com/michael.pavone.94
www.linkedin.com/in/michaelpavone1/
www.instagram.com/michaelpavonerealty/

RE/MAX Elite
8104 160 Ave Nw
Edmonton, Alberta T5Z 3J8

(780) 406-4000
(780) 406-8777

Dekker Team
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