Edmonton, AB T6E1X7 10541 81 Avenue
$2,495,000
13 more
Presented By: Courtesy of Michael A Pavone of RE/MAX Elite.
Home Details
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 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. 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.
Presented By: Courtesy of Michael A Pavone of RE/MAX Elite.
Interior Features for 10541 81 Avenue
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
General for 10541 81 Avenue
CityEdmonton
Construction MaterialsSee Remarks
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaQueen Alexandra
ModificationTimestamp2024-10-28T17:22:37.600Z
Property TypeLand
Standard StatusActive
StatusActive
Year Built1937
ZoningZone 15
Exterior for 10541 81 Avenue
Irrigation Water Rights Y/NNo