1231 10 Avenue Sw, Calgary, Alberta T3C 0J3

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$5,500,000

Highlights

$5,500,000

Price

9975 sqft

Lot

For sale

Status

A2205113

MLS® ID

Click brochure link for more details. Prime future development site! Four year sale-leaseback offering exceptional holding income/yield 1231 10th Avenue SW is a 22,770 square foot future mixed-use redevelopment site located in the west end of Calgary’s popular Beltline District. The property’s high-profile location offers excellent access to the Downtown Core while enjoying the numerous dining, shopping, recreation, and entertainment offerings of an inner-city location. The site is zoned for high-density mixed-use development allowing for a maximum density of 8 times site area. The existing 9,975 square foot retail building is fully leased to Vistek Camera Store. The Vendor is willing to offer a sale leaseback to include a four year term at a lease rate of $16.00 per square foot. The area immediately surrounding the Property has seen a number of recent and successful multi-residential developments providing a strong business model for future redevelopment of the Property and the strengthening demand for West Beltline development opportunities.” (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2205113
    • Price $5,500,000
    • Square Footage: 9975 sqft
    • Property Type: Commercial Mix
    • Community Name: Beltline
    • Plan A1
    • Road Type Paved Road

    Buildings

    Constructed Date 1900 Size Exterior 9975 Sqft
    Size Interior 9975 Sqft Total Finished Area 9975 Sqft
    Type Commercial Mix

    Land

    Acreage No Size Irregular 2115.00
    Size Total 2115 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) Size Total Text 2115 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac)
    Zoning Description Cc-x

    Agents and Offices

    • Michelle Plach
    • Office: Honestdoor Inc.

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