Migliora La Tua Visione: Prime Build Site Opportunity
Aggiornato: Settembre 10
1
MLS#A2313152
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HUGE OPPORTUNITY to build and own an ideally-sized commercial building on a high-visibility location supported by an upscale local draw area. PLUS REALIZE HUGE SAVINGS in construction and long-term operational costs! ONLY THREE PARCELS in this rare 2-acre bare land commercial condominium project, featuring a huge 1.1 acre common area with enough parking, green space and waste locations to fulfill
HUGE OPPORTUNITY to build and own an ideally-sized commercial building on a high-visibility location supported by an upscale local draw area. PLUS REALIZE HUGE SAVINGS in construction and long-term operational costs! ONLY THREE PARCELS in this rare 2-acre bare land commercial condominium project, featuring a huge 1.1 acre common area with enough parking, green space and waste locations to fulfill any DP requirements. The small self-governed condo structure makes for huge savings in land acquisition, construction, and maintenance costs PLUS saves on management expenses while ensuring hands-on control. YOUR PURCHASE IS NOT JUST THE TITLED LAND - you also become 1/3 owner of the entire condo corp including the common property AND all related assets! Perfect for small / mid-scale developers & built-to-suit owners. BUILD OUT POTENTIAL - This parcel fits an 11,000+ sq.ft floor plate, and height allowance of 16m making the build-out potential huge! Build-out of 42,500 to 55,000 sq.ft over 4-5 floors. Buildable footprint is perfect for professional / medical firms, service centres, childcare, pharmacy, health centre & more. Potential for at-grade local retail due to build area size & shape (with zoning). The lot has another 4,200 sq.ft of outdoor space for amenities. THE VALUE IS HUGE - An equivalent standalone infill site would need an acre and a quarter of land plus the cost of demolition, parking, access, and waste mgmt. NOT REQUIRED HERE! With 70 existing stalls plus area area for 30 more, AND major property setbacks largely in the huge common area, this is a turn-key build-out site with huge capital investment savings. THE LOCATION IS VERY RARE - located between Anthony Henday and 199th ST in west Edmonton’s fully developed & semi-affluent Glastonbury area, there are 40,000 high-income people within 2km - and limited commercial to support them. This makes STRONG LOCAL DEMAND. Public transit is adjacent with a major ETS transportation hub nearby. Current zoning is UF with 16m height allowance which aligns closely to BE (Business Employment) and CG (Commercial General) in height / location requirements making for great development flexibility. ONLY 2 PARCELS AVAILABLE, the 3rd already occupied by a church building. THIS LISTING - Unit 2: Effective size of 1.25 acres (see below info). ALSO AVAILABLE: MLS A2313155 - Effective size of 0.47 acres (see below info) and build-out potential for 9,500 to 12,800 sq.ft. CAPTURE UNPARALLELED ROI - Take advantage of a build-site specifically designed to optimize building footprint and maximize investment / operational value! MORE MATERIALS AVAILABLE ON REQUEST. PLEASE DO NOT VISIT THE PROJECT WITHOUT AGENT PRE-APPROVAL. NOTE: Unscheduled site visits may result in a security response. Lot area note: Title area 0.14 acres + ownership in 1.1 acre common. As instructed by CREB, total lot size includes parcel plus typical parking /related common area to support 4 stories of commercial.
Founded in 1983, CIR REALTY is one of Canada’s largest and most respected independent real estate brokerages, pr
Founded in 1983, CIR REALTY is one of Canada’s largest and most respected independent real estate brokerages, proudly holding the largest market share in Calgary with a strong and growing presence across Central and Southern Alberta, as well as British Columbia. More REALTORS® choose to work with CIR REALTY than any other single brokerage in Alberta, making us the province’s largest and most productive brokerage. At CIR REALTY, we are relentlessly focused on making the business of real estate seamless. Every decision we make is designed to showcase the excellence of our REALTORS®, positioning them as the heroes of every real estate story through innovative tools, industry leading technology, comprehensive support systems, and relationship driven service.
Our non competing management team is made up of dedicated professionals specializing in marketing, professional development, conveyancing, accounting, property management, relocation, and brokerage operations, providing expert guidance and full time support before, during, and after every transaction.
As a proud member of Leading Real Estate Companies of the World®, CIR REALTY connects clients with market leading independent brokerages in more than 70 countries, while our affiliation with Luxury Portfolio International® provides exceptional global marketing exposure for the world’s most distinctive luxury properties.
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Ultimo aggiornamento
Settembre 10
Prima pubblicazione
Jun 18
Riferimento annuncio
e8b10c6a-6a04-11f1-901e-6045bdd61ac4
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