A2208696 - 402 8 Street SW, Calgary, Alberta T1A 5R7




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This is an ideal opportunity for a restaurant owner/user looking to purchase a retail building with land, and the Seller is willing to help finance a purchase with a 10% VTB. Currently home to a 1,530 restaurant, with 10 on-site parking stalls, on a prominent corner with two points of access. The building sits on land in the heart of Downtown Calgary in the path of development. Check out the city's plan to revitalize 8th Street and be part of a future high street. This 50' x 123' site is ideally situated within the commercial core mere steps from the Bow River Pathway network and right in the middle of the highly anticipated Eau Claire Plaza Development. An attractive destination for foot traffic, C-Train users, and vehicle access alike, with high visibility for marketing and 6,153 sf of unlimited potential. The CR20-C20/R20 zoning allows for a maximum FAR of 3, however this can be increased up to 20 based on a developer's ability to meet incentives set out by the city. With no maximum building height allowance, envision yourself creating the next memorable high-rise amongst our iconic skyline. You won't find a more perfect holding property than this.

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ESSENTIAL
MLS®:A2208696
Price:2,290,000.00
Type:Commercial
Sub Type:Retail
Lot Size:6,156 sq. ft.
RestrictionsNone Known
DOM163
INTERIOR SNAPSHOT   
Sq Ft:1,530


COMMUNITY DETAILS
Address:402 8 Street SW, Calgary, Alberta T1A 5R7
City:Calgary
Subdivision:Downtown Commercial Core
County:Calgary
Province:Alberta
Postal Code:T1A 5R7
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1928
Structure Type:Retail
Frontage:15.24M 50`0"
Zoning:CR20-C20
Parking Total:10
ROOM DIMENSIONS


Inclusions: To be determined during Due Diligence period



Courtesy: CIR Realty








Contact Information

  Sean Gillis - RE/MAX Grande Prairie
Cell: 780.897.3520
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Recent Customer Reviews
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It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

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Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Downtown Commercial Core Housing Trends


Real Estate Listings: 40
Highest Price: $800,000.00
Lowest Priced: $188,888.00
Average Price: $361,736.25
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Agent reviews Cell: 780.897.3520

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FAQs about 402 8 Street SW, Calgary,
Alberta, T1A 5R7

402 8 Street SW MLS® A2208696 has an approximate size of 0 Sq. Ft. located in Downtown Commercial Core.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 402 8 Street SW, MLS® A2208696.

This Commercial listings is priced at $2,290,000.

This property is located at 402 8 Street SW, Calgary, Alberta, T1A 5R7 in the Downtown Commercial Core community on the market for 163 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Downtown Commercial Core community resources page.