Royal LePage Noralta Real Estate

103 Avenue, Edmonton, AB

$950,000

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About 103 Avenue

Great investment and redevelopment opportunity on a prominent corner lot in a high-traffic corridor with CNC zoning. This property offers exceptional flexibility for future CMHC-supported development or mixed-use redevelopment, including retail on the main floor with residential apartments above. Main floor is currently configured as a Daycare ( final approval pending). One basement features a commercial kitchen, while the second basement offers two bedroom suite. A versatile property for excellent income and multi-use potential (buyer to verify permitted uses). The site consists of two side-by-side duplexes (15604 & 15608), each offering separate entrances and self-contained suites with bedroom, bathroom, and kitchen setups, providing strong income-generating potential. Both buildings are separately metered for utilities, allowing for efficient management and cost control.The property is currently vacant, offering quick possession and full flexibility for immediate redevelopment, leasing, or owner-user o

Features of 103 Avenue

MLS® # 45100978
Price $950,000
Bathrooms 0.00
Year Built 1966
Type Multi-Family Commercial
Status Active

Community Information

Address 103 Avenue
Area Edmonton
City Edmonton
County ALBERTA
Province AB
Postal Code T6P 0P3

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage Noralta Real Estate

Listing Map