You can buy this 114-year-old downtown Edmonton building for $4.12 million

Edmonton has its fair share of historic buildings, and one on a vibrant downtown street just hit the market for a cool $4.12 million.
The McKenney Building, located at the corner of 104 Street and 102 Avenue, was built in 1912 and is now being sold as an opportunity for an office-to-multifamily conversion project.
According to its listing, the three-storey building has been taken down to the studs and comes with plans for a 33-unit apartment building.
The building has a brick shell, wood floors, and Douglas fir timber beams. Its build allows for two additional floors, with potential for a rooftop patio, the listing states.

David G. Parker/Northfield Commercial
According to the City of Edmonton’s historical walking tour of downtown Edmonton, the building is named after Henry William McKenney, a prominent figure both in business and public affairs, who served as an MLA when Alberta became a province.

City of Edmonton Archives
The building was designed by local architecture firm Magoon and MacDonald and cost $40,000 to build. Much of its original stone detailing was removed during renovations in 1979, leaving only the entrance as one of its most notable features.
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It’s included on Edmonton’s Municipal Inventory of Historic Resources, although it is not designated as a Municipal Historic Resource. That means it does not have the same legal protections as a municipally designated historic building.
The $4.12 million listing includes the existing building and plans for the proposed 33-unit development.
You can view the full listing on the Realtor website.
What would you do with this historic building? Let us know in the comments.