$1,099,900 2,400 Sq.ft

64 38 AV SW,Calgary. T2S 2Z8

Description

Attention builders & Investors, now is the time to buy your future development lot or multi family investment home. Just shy of 9,000 square feet this inner city corner MC-1 lot has endless options for a new build. The flat and easy to work with land has many possibilities for future development, they include 6-7 three storey row housing with some downtown views or a 3 storey eleven or twelve unit apartment style condo building. Current leases expire end of April 2019 so a developer could get started on their project in a reasonable time frame. All tenants have been in the building long term and would like to stay, with little effort or management the 6 plex could also function perfectly as a long term holding property. Park Hill is one of Calgaries top inner city communities. Walking distance to Chinook Mall, McLeod Trail, transit and a very quick commute to downtown Calgary for working professionals.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4206116
City:Calgary
Neighbourhood:Parkhill
Province:Alberta
Building/Unit Size: 2,400 sq.ft
Lot Size:458 sq.ft
Land Size:0 Acre
Listing Price:$1,099,900
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:2018-09-14

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "REAL ESTATE PROFESSIONALS INC." listing brokerage.

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