Calgary, AB T3C 0J3,1231 10 AVE SW
Calgary, AB T3C 0J3,1231 10 AVE SW
Calgary, AB T3C 0J3,1231 10 AVE SW
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$ 5,500,000
Est. payment | /mo

9,975 SqFt


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$ 5,500,000
Est. payment | /mo
Save

9,975 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,975 sqft

Price per Sqft $551

Subdivision Beltline

MLS Listing ID A2205113

Year Built 1900

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type Mixed Use

Property 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.”

Location

Province AB

County Cal Zone Cc

Area Cal Zone Cc

Zoning CC-X

Direction SW

Interior

Inclusions Call seller directly

Fireplace No

Exterior

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Others

Restrictions Phone Listing Broker

Listed by Honestdoor Inc.

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1231 10 AVE SW

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Justin Newman

Justin Newman

License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

Gyann Yiu