Property Details for MLS® # E4430790
Commercial Land for Sale
Property For Sale In Queen Alexandra, Edmonton
- MLS®#: E4430790
- Price: $2,595,000
CURRENTLY IN THE PROCESS OF REZONING TO 23 METER HEIGHT GOOD FOR 6 STORIES OF DEVELOPMENT & F.A.R of 4.5 !!!. 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 (May be able to relocate tenant sooner if needed). Garage has rental income as well. Site currently has Residential mixed use zoning (MU h16 f3.5 cf). with existing very high density of FAR 3.5.
Contact Susan Sieg About MLS® E4430790

Susan Sieg, (780) 686-0068 at NOW Real Estate Group, 800 Broadmoor Blvd, #510, Sherwood Park, Alberta, T8A 4Y6
property information
- Property Type: Commercial Land
- MLS®#: E4430790
Community Information
- Neighbourhood: Queen Alexandra
- City: Edmonton
- Postal Code: T6E 1X7
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