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11042 124th St NW - Prime Development Opportunity 0.33 Acres of Commercial Land Offered at $1,366,641 USD in Edmonton, AB T5M 0A3
Investment Highlights
- Located on Edmonton’s well-known 124 Street corridor, home to boutique retail and dining destinations.
- Situated in a walkable area, enhancing appeal for mixed-use and residential concepts.
- Immediate connectivity to downtown Edmonton and major commuter routes.
Executive Summary
Seize the opportunity to redefine the skyline of Edmonton’s premier boutique shopping and arts district. Situated in the heart of the 124 Street Primary Corridor, this site represents one of the most versatile, high-yield development opportunities in the city’s central core. The location boasts an exceptional walk score, placing future residents steps from the 124 Grand Market, award-winning dining, and immediate transit connectivity linking Westmount to the downtown core.
With favorable, shovel-ready MU (Mixed Use) zoning already in place, you bypass lengthy rezoning delays to maximize your return on investment. The flexible bylaws allow for optimized height and density, making it tailor-made for a landmark, transit-oriented development combining premium multi-family residential units with active ground-floor retail. It is the perfect vehicle to capitalize on Edmonton’s aggressive shift toward high-density, walkable urbanism.
With favorable, shovel-ready MU (Mixed Use) zoning already in place, you bypass lengthy rezoning delays to maximize your return on investment. The flexible bylaws allow for optimized height and density, making it tailor-made for a landmark, transit-oriented development combining premium multi-family residential units with active ground-floor retail. It is the perfect vehicle to capitalize on Edmonton’s aggressive shift toward high-density, walkable urbanism.
Property Facts
| Price | $1,366,641 USD | Property Subtype | Commercial |
| Sale Type | Investment | Building Class | C |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Property Type | Land | ||
| Zoning | MU - Mixed Use Zone | ||
| Price | $1,366,641 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Building Class | C |
| Total Lot Size | 0.33 AC |
| Zoning | MU - Mixed Use Zone |
1 Lot Available
Lot
| Price | $1,366,641 USD | Lot Size | 0.33 AC |
| Price Per AC | $4,141,336.42 USD |
| Price | $1,366,641 USD |
| Price Per AC | $4,141,336.42 USD |
| Lot Size | 0.33 AC |
0.33 acres situated in central Edmonton positioned within a mixed-use corridor along 124th St.
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Very bikeable
80/100
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11042 124th St NW - Prime Development Opportunity
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