Transit-oriented Oliver property sold for $1.65M
The 13,489-square-foot parcel zoning allows for a variety of multi-family developments
Copyright © Western Investor
A parcel of land in Oliver’s brewery district has sold for $1.65 million, Colliers International tells Western Investor.
The transit-oriented site within the 104th Avenue Corridor Redevelopment Plan has potential for multi-family development, including apartment housing, group homes or row housing. An LRT stop is planned directly around the corner of the subject property, located at the corner of 104th Avenue and 116th Street. The Oliver neighbourhood has one of the strongest apartment markets in Edmonton. This property was listed for $1.7 million.
The property is located at 10329 116 St., Edmonton.
Lot Size: 13,489 SF
Property Type: Land
Date of Sale: 03/08/2018
Name of Brokerage: Colliers International
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