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

10406/10410 97 Avenue, Edmonton, AB

$4,490,000

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About 10406/10410 97 Avenue

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.

Features of 10406/10410 97 Avenue

MLS® # E4397019
Price $4,490,000
Bathrooms 0.00
Acres 0.00
Year Built 1951
Type Land Commercial
Status Active

Community Information

Address 10406/10410 97 Avenue
Area Edmonton
Subdivision Downtown (Edmonton)
City Edmonton
County ALBERTA
Province AB
Postal Code T5K 0B6

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Concrete
Construction Concrete

Additional Information

Date Listed July 9th, 2024
Days on Market 172
Zoning Zone 12
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Humaira Naikyar and Dale J James Of RE/MAX Excellence

Listing Map