Prime piece of land in the heart of Edmonton. Almost 1 acre of fully serviced CB1 zoned land on a busy corner. Excellent exposure to 118 Avenue. Backs onto lane, next to RL Scott Elementary school. (School has been closed and currently operates as offices.) Excellent potential to combine for future development. 12 lots separated into 3 parcels. On Lots 1-7 sits the existing "Drake Hotel". Price includes land and Hotel as is. Estimated cost of demolishing hotel is $120,000. Long term owners ready to retire. Property is being sold as land only.
Disclaimer: Information herein deemed reliable but not guaranteed by the EREB.
Listing information last updated on May 21st, 2019 at 7:46pm MDT.