1912, 1916 , 1924 37 Street Sw, Calgary, Alberta T3E 3A3

MLS® # A2096683

$6,990,000

Property Size 15678
Year Built 1957

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:53676)

PROPERTY FEATURES

  • MLS® Number A2096683
  • Price $6,990,000
  • Square Footage: 15678 sqft
  • Property Type: Retail
  • Community Name: Killarney/Glengarry
  • Plan 6110ak

Buildings

Constructed Date 1957 Exterior Finish Brick
Size Exterior 15678 Sqft Size Interior 15678 Sqft
Total Finished Area 15678 Sqft Type Retail

Land

Acreage No Size Irregular 835.00
Size Total 835 M2|7,251 - 10,889 Sqft Size Total Text 835 M2|7,251 - 10,889 Sqft
Zoning Description Mu-2 F5.0h26

BROKERAGE

  • Office: Royal LePage Benchmark

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