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:40197)
| Business Type | Other |
| Business Sub Type | See remarks |
| MLS® Number | E4289962 |
| Property Type | Vacant Land |
| Neigbourhood | Queen Alexandra |
| Parking Space Total | 27 |
| Constructed Date | 1937 |
| Size Interior | 5872 Sqft |
| 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
Contact us for more information
Michael A. Pavone
Associate
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