ALLENDALE DEVELOPMENT LAND

An exceptional development opportunity in one of south-central Edmonton's most connected locations. This 1.47-acre site consists of three contiguous titled lots at the prominent corner of Allendale Road and 105 Street.

Zoned Direct Development Control (DC), the property supports a range of urban mixed-use development opportunities, including multi-family residential, retail, and hotel uses, with a floor area ratio of up to 4.0. Existing motel operations and a long-term restaurant lease provide approximately $190,000 in annual gross holding income, allowing investors to generate revenue while planning for future redevelopment.