Property Details

1231 10 Avenue SW
Calgary (A2205113)

$5,500,000
9,975 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.”

Property details

Basic Info

MLS® #
A2205113
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Beltline
Price
$5,500,000
Sale/Lease:
For Sale
Size:
9,975 sq.ft.
Year Built:
1900 (125 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
Call seller directly

Lot / Land Info

Lot Size:
1 acres
Zoning:
CC-X

Listing Info

Possession:
Negotiable
Days on Market:
31
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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