Courtesy Of Michael Pavone Of RE/MAX Elite

10541 81 Av Nw, Edmonton, AB

$2,995,000

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5,872

Square feet

0.40

Acres

About 10541 81 Av Nw

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 Park’s approved development including four Towers up to 16 stories. Excellent tenants in place with triple-net lease providing $7,250 holding income. Church lease until February 2027. 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.

Features of 10541 81 Av Nw

MLS® # E4289962
Price $2,995,000
Square Footage 5,872
Acres 0.40
Year Built 1937
Type Land Commercial
Sub-Type Other/See Remarks
Style Other/See Remarks

Community Information

Address 10541 81 Av Nw
Area Edmonton
Subdivision Queen Alexandra
City Edmonton
Province AB
Postal Code T6E 1X7

Amenities

Parking Spaces 27
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed April 27th, 2022
Zoning CB2
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Michael Pavone Of RE/MAX Elite

Listing Map

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