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Descriptions:
Price Reduced!
Introducing a versatile commercial property offering endless possibilities, now available at a reduced price! With over 0.5 acres of land and a spacious 10,000+ sq ft building, this income-producing asset sits prominently along Calgary's TransCanada Hwy, offering unparalleled visibility. Its strategic location near downtown, the airport, Deerfoot highway, SAIT, and the University of Calgary makes it an ideal candidate for redevelopment into either a cutting-edge medical clinic or a vibrant strip mall.
Zoned for C-cor 2 and boasting a 5.0 FAR, with a maximum height of 37 meters, this property provides ample room for expansion and innovation. Priced attractively at approximately $52.00 per buildable square foot, it presents an enticing investment opportunity. With an effective gross income of $230,000 annually and a NOI of $100,000 annually, developers and investors will find this property highly appealing.
Whether envisioning a state-of-the-art medical facility catering to the community's healthcare needs or a dynamic strip mall bustling with shops and services, this property offers the ideal canvas. And with ample parking spaces available, convenience is assured for visitors and tenants alike. Don't miss out on the chance to bring your vision to life in one of Calgary's most promising locations! (Please note: The conceptual sketch provided is for illustrative purposes only.)
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Status: |
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Active
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Includes: |
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none |
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Legal Description: |
ACCESS Legal Description |
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Location & Listing Info: |
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Neighbourhood: |
Mount Pleasant
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Lot Size: |
0.51
sq.ft.
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Property Info: |
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Property Type: |
Retail |
Year Built: |
1963 |
Brokerage: |
KEY REALTY GROUP INC. |
Construction Type: |
Other
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Exterior: |
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Exterior: |
Other |
Construction: |
Other |
Roof: |
Asphalt/Gravel |
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Rooms: |
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Ensuite: |
No
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Garage: |
0
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Additional Info: |
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Heating: |
Standard, Forced Air, Natural Gas |
Fireplace Details: |
For Sale |
Restrictions: |
Contact for Restrictions |
Heating Type: |
Standard,Forced Air,Natural Gas
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Heating Fuel: |
Standard,Forced Air,Natural Gas
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Restrictions: |
None Known
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Contact Josie Kirkpatrick -
5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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