10528/32 - 123 Street

$4,850,000

10528/32 - 123 Street

Edmonton, AB

Type
Industrial
Status
Active
Living area
30,043 sqft
Year built
1960
MLS®
44803263

About this property

• High-intensity zoning already in place (no rezoning needed for most multifamily re-development)• Walking distance to MacEwan University, downtown core and Oliver amenities• Steps from the Valley Line West LRT currently in late-stage construction• Residential floor area is excluded from FAR with inclusive design or family unit provisions, meaningfully increasing buildable• 30,043 sq.ft. site is large enough to support a mid-rise podium with tower (rare in mature neighbourhoods)• Westmount demographic shift is trending younger & renter-heavy (id:66946)

Listing courtesy of NAI Commercial Real Estate Inc. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.