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Auction #445-1

Commercial Redevelopment Property | High Trafficked Signalized Corner on ±0.65 AC

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  • Auction #
    445-1
  • Interior Space:
    ± 30,690 SF
  • Lot Size:
    ±0.65 acres
  • Transaction Fee:
    6%
  • Broker
    Co-op:
    1%

Commercial Redevelopment Property | High Trafficked Signalized Corner on ±0.65 AC

Hospitality/Land Property For Sale in Edmonton, AB

15326 Stony Plain Rd, Edmonton, AB T5P 3Y7

The Future of Real Estate (FRE) and Avison Young are pleased to present the Online Auction Event for the Commercial Redevelopment Land (previously the Jasper Place Hotel) in Edmonton, AB.

The property is located 6.1km west of Downtown Edmonton, offers excellent exposure onto the main arterial of Stony Plain Road, and is within walking distance of future LRT Valley Line-West stations. The property is located in Jasper Place, an established community where people live, work, and play. 

For the virtual tour of the property, please click here: Virtual Tour

INVESTMENT HIGHLIGHTS

  • 0.65 AC site located in a transit-oriented development (TOD) area.
  • Property taxes (2022 est.) - $40,040.65
  • Zoning - CB1 (Low Intensity Business Zone)
  • The property is part of the Stony Plain Road commercial corridor, which is currently undergoing a revitalization process and will soon include LRT Valley Line-West stations. The planned enhancements for Stony Plain Road aim to transform it into a vibrant and bustling commercial street through pedestrian-oriented mixed-use development. These improvements will enhance the appeal of the urban area and bring in a larger population to support local businesses. For more information on the LRT Site impact, click here: Light Rail Transit Site Impact. To learn more about the Jasper Place Area Redevelopment Plan (ARP), please click here: Jasper Place ARP.

Downloadable Documents

Property Information

Auction Information

Title and Escrow

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: Avison Young

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Conditions may be included with your offer

Show values in:
Starting Bid: CAD $599,000
Previous List Price:CAD $950,000
Required bid deposit: CAD $1,000
Show values in:
Offers are sealed (not displayed).
Franklin Lewis Auction Specialist The Future of Real Estate (FRE) (949) 706-6119 flewis@fre.com
Samuel Jimenez Auction Specialist The Future of Real Estate (FRE) (949) 706-6117 sjimenez@fre.com
Reed Newnham Principal Avison Young (780) 993-1419 reed.newnham@avisonyoung.com
James Robertson Principal Avison Young (780) 246-1832 james.robertson@avisonyoung.com
Gurpreet Grewal Principal Avison Young (780) 267-1516 gurpreet.grewal@avisonyoung.com
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auctionplus icon
Commercial Redevelopment Property | High Trafficked Signalized Corner on ±0.65 AC
Hospitality/Land Property For Sale in Edmonton, AB
15326 Stony Plain Rd
Edmonton, AB T5P 3Y7
Canada
Auction # 445-1

Conditions may be included with your offer

Starting Bid
CAD $599,000
Previous List Price
CAD $950,000
Show values in: 
Offers are sealed (not displayed).
Property Details
  • Edmonton, AB
    Canada
  • Property Type: Commercial Property
  • Interior Space: ± 30,690 SF
  • Lot Size: ±0.65 acres
  • Transaction Fee: 6%
  • Broker Co-op: 1.00%

The Future of Real Estate (FRE) and Avison Young are pleased to present the Online Auction Event for the Commercial Redevelopment Land (previously the Jasper Place Hotel) in Edmonton, AB.

The property is located 6.1km west of Downtown Edmonton, offers excellent exposure onto the main arterial of Stony Plain Road, and is within walking distance of future LRT Valley Line-West stations. The property is located in Jasper Place, an established community where people live, work, and play. 

For the virtual tour of the property, please click here: Virtual Tour

INVESTMENT HIGHLIGHTS

  • 0.65 AC site located in a transit-oriented development (TOD) area.
  • Property taxes (2022 est.) - $40,040.65
  • Zoning - CB1 (Low Intensity Business Zone)
  • The property is part of the Stony Plain Road commercial corridor, which is currently undergoing a revitalization process and will soon include LRT Valley Line-West stations. The planned enhancements for Stony Plain Road aim to transform it into a vibrant and bustling commercial street through pedestrian-oriented mixed-use development. These improvements will enhance the appeal of the urban area and bring in a larger population to support local businesses. For more information on the LRT Site impact, click here: Light Rail Transit Site Impact. To learn more about the Jasper Place Area Redevelopment Plan (ARP), please click here: Jasper Place ARP.
Downloadable Documents
Title and Escrow
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Franklin Lewis Auction Specialist The Future of Real Estate (FRE) (949) 706-6119 E: flewis@fre.com
Samuel Jimenez Auction Specialist The Future of Real Estate (FRE) (949) 706-6117 E: sjimenez@fre.com
Reed Newnham Principal Avison Young (780) 993-1419 E: reed.newnham@avisonyoung.com
James Robertson Principal Avison Young (780) 246-1832 E: james.robertson@avisonyoung.com
Gurpreet Grewal Principal Avison Young (780) 267-1516 E: gurpreet.grewal@avisonyoung.com
Broker of Record for this property: Avison Young

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

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