Listing Details

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Courtesy of RE/MAX Elite.
Data was last updated 2025-01-31 at 21:46:40 GMT

10541 81 Avenue   Edmonton, Alberta

$2,494,000
MLS®: E4289962
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 $6,800/month 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.

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 $6,800/month 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.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Edmonton
MLS® Number:
E4289962
Neighbourhood:
Queen Alexandra
Area:
Edmonton
Province:
Alberta
Listing Price:
$2,494,000

General Information

Year Built:
1937

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This property is listed by RE/MAX Elite and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.