$2,285,000 11,375 Sq.ft

1518, 1520, 1522 16 AV SW,Calgary. t3c 0z8


Rare opportunity! Redevelopment or holding property. (87.5x130) 11, 375 sq ft Mc-2. Ideal for townhomes or multi family with re zoning potential. Great holding property as the 3 homes have been extensively renovated from kitchens to bathroom, paint, refinished hardwood floors, laundry facilities, newer windows and screening. Lots of parking in the back and front. 1518 has monthly revenues of $50k a year. 1520 and 1522 are used as AIR BnB with a basement suite rented out monthly and both homes are generating $150k a year in revenues. Prime location for tourists and tenants. A block off 17 Ave shopping and entertainment corridor. Easy downtown access with short walk to LRT and minutes to downtown. Property has great potential for redevelopment or holding property.

Listing Information

Prop. Type:Commercial
MLS #:C4182727
Building/Unit Size: 11,375 sq.ft
Lot Size:201 sq.ft
Land Size:0 Acre
Listing Price:$2,285,000
Listing Price Arce:$0 per Acre
Lease Rate:$0 per sq.ft
Business Type:
Property Type:Commercial
Property Subtype:Multi Unit
Transaction Type:For Sale
Land Use Code:M-C2
Listing Contract Date:2018-05-04

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX LEN T.WONG&ASSOCIATES REAL ESTATE" listing brokerage.

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