A2231429 - 526 16 Avenue NW,
Calgary, Alberta T2M 0J4
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FOR SALE $5,499,000.00
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FOR SALE $5,499,000.00
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FOR SALE $5,499,000.00
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FOR SALE $5,499,000.00
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FOR SALE $5,499,000.00
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FOR SALE $5,499,000.00
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Introducing a versatile commercial property offering endless possibilities, now available! 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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ESSENTIAL
| MLS®: | A2231429 |
| Price: | 5,499,000.00 |
| Type: | Commercial |
| Sub Type: | Retail |
| Lot Size: | 22,260 sq. ft. |
| Restrictions | None Known |
| DOM | 94 |
INTERIOR SNAPSHOT
| Sq Ft: | 11,000 |
| Heating: | Standard, Forced Air, Natural Gas |
COMMUNITY DETAILS
| Address: | 526 16 Avenue NW, Calgary, Alberta T2M 0J4 |
| City: | Calgary |
| Subdivision: | Mount Pleasant |
| County: | Calgary |
| Province: | Alberta |
| Postal Code: | T2M 0J4 |
| School: | Schools |
| Housing: | Housing Market |
| Statistics: | Real Estate Statistics |
EXTERIOR
| Year Built: | 1963 |
| Structure Type: | Retail |
| Foundation: | Perimeter Wall, Slab |
| Roof: | Asphalt/Gravel |
| Zoning: | C-COR1 f5.0h37 |
| Construction: | Other |
ROOM DIMENSIONS
Inclusions:
see remarks
Courtesy: Key Realty Group Inc.
Sean Gillis - RE/MAX Grande Prairie
Sean Gillis - RE/MAX Grande Prairie
Recent Customer Reviews
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
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
5/5.0
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
5/5.0
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...
Riley Arguin - Buy
FAQs about 526 16 Avenue NW, Calgary, Alberta, T2M 0J4
526 16 Avenue NW MLS® A2231429 has an approximate size of 0 Sq. Ft. located in Mount Pleasant.
Nearby secondary schools include Schools & resources
There are 0 bedrooms and 0 bathrooms in this Commercial listing at 526 16 Avenue NW, MLS® A2231429.
This Commercial is priced at $5,499,000.
This property is located at 526 16 Avenue NW, Calgary, Alberta, T2M 0J4 in the Mount Pleasant community. 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 Mount Pleasant community resources page.
