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Courtesy of Humaira Naikyar and Dale J James of RE/MAX Excellence

10406/10410 97 Avenue NW
Zone 12 Edmonton T5K 0B6

$4,490,000
Land Commercial

Main Photo: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
Photo 1: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
Photo 2: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
Photo 3: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
E4397019
Build. Type:
See Private Remarks
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.
Property Type:
Land Commercial
Transaction Type:
For Sale
Lease Oper Costs Per Sq M:
$0
Lot Area:
69 sq. ft.
Stories Total:
0
# of 2 Bedroom Apartments:
0
# of Units:
0
# of Other Units:
0
# of Studio Apartments:
0
# of Bachelor Apartments:
0
Year built:
1951 (Age: 73)
Bathrooms:
- (Full:-/Half:-)
Building Type:
See Private Remarks
Num. of Parcels:
1
Construction:
Concrete
Parking Space(s):
0
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Downtown (Edmonton)
Private
Seller Rights Reserved:
Yes
Zone:
Zone 12
Zoning:
Zone 12
Title to Land:
Fee Simple
Legal Lot:
0
Services Connected:
Electricity, Fully Serviced, Natural Gas, Paved Streets, City Water
LINC Number:
0012144432
Days On Website:
172 day(s)
  • Photo 1: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
    Photo 1 of 3
  • Photo 2: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
    Photo 2 of 3
  • Photo 3: 10406/10410 97 Avenue NW in Edmonton: Zone 12 Land Commercial for sale : MLS®# E4397019
    Photo 3 of 3
Data was last updated December 28, 2024 at 03:30 AM (UTC)
Deb Styles
Cell: 780-909-3080
Beds (Min)
Any
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5
Baths (Min)
Any
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Priced between $ & $
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.