Jasper Ave & 100 St Development Site
Edmonton, AB
The Offering
The Jasper Ave & 100 St Development Site (hereinafter, the “Lands”) presents investors the opportunity to acquire a +/- 37,914 SF land assembly excellently located in Central Edmonton's Downtown. The Lands is comprised of six lots generally square and fully contiguous zoned DC2 (1082) with a maximum density of 475 units.
Marcus & Millichap has been exclusively selected to offer The Jasper Ave & 100 St Development Site for sale. The Lands are being offered with no list price. At this time, offers will be reviewed on an as-received basis.
Investment Highlights
○ Property generates ~$24,000/month in gross revenue from parking
○ Ideally situated in immediate proximity to the ICE District, Rogers Arena, Central Business District, Edmonton City Centre, the neighbourhood and surrounding areas are a rapidly growing area that captures a desirable demographic: young, and educated renters
○ Located south of highly trafficked intersection of Jasper Avenue and 100 St NW and bordered by The Fairmont Hotel Macdonald and commercial parcels in Edmonton’s Downtown
○ The property is within 100 meters of Edmonton’s Light Rail Transit (LRT) Central Station, connecting the area with efficient and cost effective transportation to all nodes of the city
○ Ideally situated in immediate proximity to the ICE District, Rogers Arena, Central Business District, Edmonton City Centre, the neighbourhood and surrounding areas are a rapidly growing area that captures a desirable demographic: young, and educated renters
○ Located south of highly trafficked intersection of Jasper Avenue and 100 St NW and bordered by The Fairmont Hotel Macdonald and commercial parcels in Edmonton’s Downtown
○ The property is within 100 meters of Edmonton’s Light Rail Transit (LRT) Central Station, connecting the area with efficient and cost effective transportation to all nodes of the city
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