Commercial Building on RF3 Zoned Land

  • $1,269,000
9628/12 - 109 Avenue Edmonton, Alberta
  • Property Type
  • Land
Featured

Commercial Building on RF3 Zoned Land

9628/12 - 109 Avenue Edmonton, Alberta
  • $1,269,000

Overview

  • Property Type
  • Land

Highlights

Property Highlights
  • As-is where is sale, all offers subject to Court approval
  • 5 lots total = 3 are vacant land sites, 1 has a renovated venue hall and the other a small house
  • Currently DC1 zoning, similar to a low density residential RF3 zone (semi-detached duplexes, multi-unit housing, duplexes, group homes etc)
  • City Council may be open to discussions about up-zoning to an RF5 or similar higher density residential use
  • Built in 1917 and renovated in 2018, the commercial building was previously operating as an event rental hall – the single family home on site, built in 1942, is partially renovated with the remaining excess land ready for low-rise residential development or incorporation into the existing commercial building offering as additional parking or yard space etc

 

Judicial Sale Price | $1,269,000

 



 

Contact The Listing Agents

 


Brandon Hughes

 


Brandon Hughes,
CCIM
Associate Broker | Investment Sales & Leasing

OFFICE:   780.757.1010
MOBILE:  780.966.0699
EMAIL:    brandon@rcedm.ca

 


Scott Hughes

 


Scott Hughes,
MBA, AACI, CCIM, SIOR
Broker/Owner | Investment Sales & Leasing

OFFICE:    780.757.1010
DIRECT:   587.525.8901
EMAIL:     scott@rcedm.ca

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