12,000 ft²Multifamily$1,990,000Sale
12,000 ft²
Multifamily
$1,990,000
Sale
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• Development Permit Granted • Multi-Family Medium Rise Development Site • Architectural and Building Plans Included in Sale • Rezoned to RA8 – Mid-Rise Apartment Zone • Possible to Construct a 48 Unit Apartment Building with Underground Parking • Ability to Build up to 6 Storeys • Easily accessible to Downtown, University of Alberta, and South Edmonton • One block North of Whyte Avenue Entertainment District • Current income on site • Located in Strathcona neighborhood which has one of the lowest vacancy rates in Edmonton
The Space
Asking Price$1,990,000
Available Space12,000 ft²
ZoningMid-Rise Apartment Zone
Transit Friendly
The Building
MUNICIPAL ADDRESS: 10021 - 83 Avenue, Edmonton, AB LEGAL ADDRESS: Plan I, Block 70, Lot 21, 22, 23 NEIGHBORHOOD: Strathcona SIZE: 12,000 Sq.Ft. (+/-) ZONING: RA8 (Mid-Rise Apartment Zone) POSSIBLE UNITS: 48 Units PERMITTED STOREYS: 6 Storeys LOT DIMENSIONS: 100 Ft. Frontage (+/-) 131 Ft. Depth (+/-) PURCHASE PRICE: $1,990,000.00 ($165/Sq.Ft.)
Property TypeMultifamily
Building Size12,000 ft²
