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Listed by Chad D Griffiths • NAI Commercial Real Estate Inc
$4,850,000
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44803263
Year Built 1960
Property Description
• 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
Location
State AB
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