Commercial Land for Sale
Property For Sale In Downtown (edmonton), Edmonton
- MLS®#: E4397019
- Price: $4,490,000
- Year Built: 1951
Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk up rental properties and 2 parking lots, generating $45,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minutes walk to the beautiful river valley trails. The approved development is expected to contain 26-storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelor's, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property. Established among Edmonton's most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421.
Contact Sam Dedla About MLS® E4397019
Sam Dedla, 780-962-8580 at RE/MAX PREFERRED CHOICE, #4, 16 Nelson Drive, Spruce Grove, Alberta, T7X 3X3
property information
- Property Type: Commercial Land, Multi-Family
- MLS®#: E4397019
- Year Built: 1951
Community Information
- Neighbourhood: Downtown (Edmonton)
- City: Edmonton
- Postal Code: T5K 0B6
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