22,000 ft²Retail / LandContactSale
22,000 ft²
Retail / Land
Sale
![Justin Sorensen](https://www.spacelist.ca/assets/thumb/avatar-placeholder.png)
Justin Sorensen
Lizotte and Associates
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Five lot land assembly: all businesses are operational and would consider signing new five-year leases, creating a strong NOI. Excellent opportunity to build on the current gaming site with an additional building to be constructed on the neighboring parking lot to the east of the existing building. The last time the subject buildings and lots traded was in 1971, making this a very rare opportunity for any Whyte Avenue investor, developer, or owner-operator. All buildings are in excellent shape, with major potential for further monetary capitalization through conversion to a hotel, extended stay, micro loft student housing, or hostel.
The Property
Available Space22,000 ft²
SourceDirect
The Lot - Commercial Hotel
Municipal Address: 10329/19 - 82 Avenue NW, Edmonton, AB Legal Address: Lot 4,5,6,7,8,9, Block 61, Plan I Size: 22,000 Sq. Ft. (+/-) Zoning: Direct Development Control Provision (DC1) Parking: Street Parking Possession: Immediate
Property TypeRetail / Land
Lot Size22,000 ft²
Transit Friendly
Up to $500K for Alberta businesses
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