$4,000,000.00 0.69 acre

2604 - 2620 37 Street SW, Calgary. T3E 3B1

Description

Judical Sale! Unique Development Opportunity! 29,984 SF Inner City Prime Development Opportunity on 37th Street SW. Across the street from retail, and approximately 8 blocks to grocery, retail and a Calgary light rail transit (LRT) station. This 5 house assembly is zoned for either a multi residential or multi/retail mixed use building, with some revenue currently being generated by the rental properties. The zoning in place is MU-1 f3.0 h16 which allows for a 3.0 F.A.R. and a height limiter of 16 metres capping a 90,000 SF building at 5 storeys. 37th Avenue had a daily car count in 2019 of 18,000 vehicles.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1063835
City:Calgary
Neighbourhood:Killarney/Glengarry
Province:Alberta
Building/Unit Size: 5,155 sq.ft
Land Size:0.69 Acre
Listing Price:$4,000,000.00
Listing Price Arce:$5,797,101 per Acre
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:MU-1f3.0h16
Listing Contract Date:2021-01-26

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

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