A 0.36-acre parcel with a retail centre in Edmonton has sold for $1 million as a potential residential development site, reports RE/MAX Excellence commercial division.
Breakdown:
Property type: Development land
Current use: Retail centre
Potential: Multi-family project
Land size: 0.36 acres
Property size: 7,053 square feet
Zoning: DC2
List price: $1.05 million
Sale price: $1 million
Date of sale: October 7, 2019
Brokerage: RE/MAX Excellence commercial division
Brokers: Humaira Naikyar and Dale James
