118 Avenue, Edmonton, AB T5G 0N5

Courtesy of Conor J Clarke of NAI Commercial Real Estate Inc.

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List Price
$350,000
Status
ACTIVE
MLS#
44187070
Subtype
Land
MLS Area Major
Edmonton

Property Description

• Ideal for a multifamily-over-commercial concept (could be rezoned to DC)• Offered at an exceptionally attractive $53/SF • Designed for walkable, mixed-use redevelopment, the MU Zone supports Multi-unit Housing, Row Housing, Lodging House, Supportive Housing, and more, alongside a broad range of commercial uses (office/retail/food & drink, etc.)• ~22,869 SF of maximum buildable floor area (3.5 × 6,534 SF)• Property has an alley at the rear and West side for easy access.Note: Development potential is subject to detailed design, setbacks/site regulations, and City approvals at time of application under Zoning Bylaw 20001.

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