1912, 1916 , 1924 37 Street SW, CALGARY

2024-03-01
 

Quick Summary

Location
1912, 1916 , 1924 37 Street SW, CALGARY, Alberta T3E3A3
Price
$6,990,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
15678ft2
Year of Construction:
1957

MLS®#A2096683

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:32467)

Property Features

Building

  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 15678 sqft
  • Building Type: Retail

Land

  • Land Size: 835 m2|7,251 - 10,889 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: MU-2 f5.0h26

Information entered by Royal LePage Benchmark
Listing information last updated on: 2024-03-01 21:41:11


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