5712 - 5716 2 Street SW, CALGARY

2024-09-11
 

Quick Summary

Location
5712 - 5716 2 Street SW, CALGARY, Alberta T2H1Y6
Price
$1,750,000 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#A2164720

Property Description

A prime land assembly is available in Manchester, Calgary, offering exceptional potential for mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately +/- 12,500 square feet and is zoned DC-1 with Permitted Uses of MU-1 (MU-1f8h75), allowing for a wide range of commercial and residential uses. With a FAR of 5.0, which can be expanded to 8.0, developers have the flexibility to create a dynamic project that caters to the growing demand for housing and commercial space in this thriving community. The property's strategic location, combined with the favorable zoning and development potential, presents a unique opportunity for investors and developers seeking to capitalize on Manchester's rapid growth and vibrant lifestyle. The land assembly includes a diverse mix of existing properties, including a full duplex (separate titles), and single-family. This provides a solid foundation for redevelopment and offers potential rental income during the planning and construction phases. Manchester, a mature and established neighborhood, has experienced significant population growth in recent years, driven by its proximity to major amenities, transportation options, and the area's overall appeal. The demand for housing and commercial space in Manchester continues to outpace the city average, making this land assembly a highly desirable investment opportunity. This is part of a larger land assembly, see listing A2164096 for more information. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Schools, Shopping

Building

  • Fireplace: No

Land

  • Land Size: 12507.66 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)

Ownership

  • Type: Freehold

Zoning

  • Description: DC (MU-1)

Information entered by CIR Realty
Listing information last updated on: 2024-09-11 17:42:52


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