403-921-7653 CIR Realty North West

526 16 Avenue, Calgary

Retail Property for Sale

526 16 Avenue, Calgary, MLS® # A2062019
  • MLS®#: A2062019
  • Price: $5,490,000
  • Status: Active
  • Year Built: 1963
  •  
Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

Price Reduced! Introducing a versatile commercial property offering endless possibilities, now available at a reduced price! With over 0.5 acres of land and a spacious 10,000+ sq ft building, this income-producing asset sits prominently along Calgary's TransCanada Hwy, offering unparalleled visibility. Its strategic location near downtown, the airport, Deerfoot highway, SAIT, and the University of Calgary makes it an ideal candidate for redevelopment into either a cutting-edge medical clinic or a vibrant strip mall. Zoned for C-cor 2 and boasting a 5.0 FAR, with a maximum height of 37 meters, this property provides ample room for expansion and innovation. Priced attractively at approximately $52.00 per buildable square foot, it presents an enticing investment opportunity. With an effective gross income of $230,000 annually and a NOI of $100,000 annually, developers and investors will find this property highly appealing. Whether envisioning a state-of-the-art medical facility catering to the community's healthcare needs or a dynamic strip mall bustling with shops and services, this property offers the ideal canvas. And with ample parking spaces available, convenience is assured for visitors and tenants alike. Don't miss out on the chance to bring your vision to life in one of Calgary's most promising locations! (Please note: The conceptual sketch provided is for illustrative purposes only.)

Contact Corinne Watson About MLS® A2062019

Required Field

Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1

property information

  • Property Type: Retail Property
  • MLS®#: A2062019
  • Year Built: 1963
  •  

Community Information

  • Address: 526 16 Avenue
  • Neighbourhood: Mount Pleasant
  • City: Calgary
  • Postal Code: T2M 0J4
  •  

interior

  • Included: none
  • Fireplace Details: For Sale
  •  

exterior

  • Exterior Finish: Other
  • Construction: Other
  • Roof: Asphalt/Gravel
  •  

services & amenities

  • Heating: Standard,Forced Air,Natural Gas
  • Heating: Standard, Forced Air, Natural Gas
  •  
  •  

$5,490,000

Registration Benefits

By Creating an Account You'll Access:

  • More Calgary Listings Browse through every listing in the MLS® System and do as many different searches as you like!
  • Days on Market & Financial Info See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
  • Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
  • Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Sign Up Today! No Obligation & Quick Authorization
 
Listing Courtesy of
KEY REALTY GROUP INC.
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

Register Now!
Already a Member?

Instant Access to More Information and More Listings!

  • See more listings with full details, including addresses and days on market.
  • Save custom searches.
  • Receive email updates of new listings.
  • Track your favourite listings and add personal notes.

Become a Registered User today and make your search for Calgary real estate more productive and enjoyable.

Required Field
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.