1912, 1916 , 1924 37 Street SW Active

Calgary,AB T3E3A3

$ 6990000

- Bed

- Bath

15678 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 15,678 sqft

Price per Sqft $445

Subdivision Killarney/Glengarry

MLS Listing ID A2096683

Originating Board Calgary Real Estate Board

Year Built 1957

Lot Size 8,987 Sqft

Acres 8987.865

Property Description

Amazing Investment Opportunity in Killarney! Owned by the same family for 40+ years, opportunities like this are rare! Located on the corner of 17th Ave & 37 St SW, this massive land assembly is the perfect location for re-development. This parcel of land includes 4 titled properties: 3717 17 Ave SW & 1912, 1976 & 1924 37 St SW. At 290' x 120' the total available lot size is 34,800 ft. An income generator, all units are fully leased, many are long time tenants with approx $36,000 GMI. The property is comprised of 2 strip malls (MU-2 F5.0h26) and a 2 unit residential property (MU-2 F3.0h16) and currently allows for a potential of 162,000 sq ft of new development. The #2 Bus stops directly in front with excellent foot traffic and passenger vehicle exposure. Minutes to Westbrook Mall, Killarney Aquatic Centre and easy access to downtown make this a great location for a mixed use residential development. (id:24570)

Location

Province AB

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Others

Ownership Freehold

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