10541 81 Avenue

Offered at: $2,495,000

MLS®: E4396531

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’ 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. 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.

Quick Stats

Key Home Data

Property Type:
Land Commercial

Payment Calculator

Calculate your monthly mortgage payment.

Mortgage Amount
Payment Freq.
Interest Rate

All About the Details

See specific details below.

Neighbourhood Statistics

Get to know your neighbourhood.

Similar Properties

Other properties you might like.

Search by Keyword:
« prev 1 2 3 4 next »

Request a Showing

Have questions about this property?

Contact RE/MAX Elite
About This Property.

Office: 780-667-9151

Website Design & Digital Marketing by Atomic 55 - Copyright RE/MAX Elite Edmonton | MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. Made with care by EstateVue