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Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.) (id:55690)
| Business Type | Retail and Wholesale | Business Sub Type | Retail & offices |
| Constructed Date | 1963 | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Size Exterior | 11000 Sqft |
| Size Interior | 11000 Sqft | Total Finished Area | 11000 Sqft |
| Type | Retail |
| Acreage | No | Size Depth | 36.54 M |
| Size Frontage | 60.96 M | Size Irregular | 2068.00 |
| Size Total | 2068 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) | Size Total Text | 2068 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Zoning Description | C-cor1 F4.0h24 |
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