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Listed by Vincenzo P Caputo NAI Commercial Real Estate Inc
$ 455,000
Est. payment | /mo
$ 455,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Year Built 1950
MLS® Listing ID 45018013
Property Description
Court-ordered sale of a 7,503 SF± (0.17 Acre±) redevelopment site in Edmonton'sevolving Central McDougall neighbourhood. Zoned RM h23 – Medium Scale ResidentialDistrict, the Property supports a variety of residential development opportunities,including medium-density projects of approximately 4–8 storeys (subject to municipalapprovals). Ideally located minutes from Downtown Edmonton, NAIT, Kingsway Mall, RoyalAlexandra Hospital, MacEwan University, and major transportation corridors. The existingfire-damaged structure is considered to have no contributory value, offering a uniqueredevelopment opportunity for investors and developers alike.
Location
Province AB
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