$2,995,000

5872 sqft

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. High quality secure Church lease until February 2027 with large very well established organization. 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. Owner May consider potential Joint Venture. (id:45344)

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    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

    Brian Cyr
    Remax Elite
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
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