$875,000 1,884 Sq.ft

1815 28 AV SW,Calgary. T2T 1J9


[1815 – 28 Avenue SW] Attention BUILDERS / DEVELOPERS ! Offered along with 1811 – 28 Ave SW (MLS #4202411, $499,000), this combined site represents a total of almost 10,000 sq. ft. (79x125 feet) of M-C1 land in rapidly-redeveloping Marda Loop/South Calgary; Located around the corner from prominent art-hub & luxury residential King Edward School (cSpace) redevelopment site, which can only benefit property values for this area !; Up to 13 units possible w/ great potential for roof-top patios & downtown views; Comes with architect-designed plans for a high-end 8-unit townhouse development (no DP in place); Combined site features a bungalow & multi-unit building (on 2 titles) which generate $62,000 gross per annum (with room to move up); Considering the strong rents on both properties, this could be an excellent leveraged Buy, Hold & Develop property! (To be sold with 1811 – 28 Avenue SW; Call for extra details or to view plans; Please do not disturb tenants; showings will be arranged with offers)

Listing Information

Prop. Type:Commercial
MLS #:C4202416
Neighbourhood:South Calgary
Building/Unit Size: 1,884 sq.ft
Lot Size:464 sq.ft
Land Size:0 Acre
Listing Price:$875,000
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-C1
Listing Contract Date:2018-09-23

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "HERITAGE ELITE REALTY" listing brokerage.

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