402 8 Street SW, CALGARY

2024-11-07
 

Quick Summary

Location
402 8 Street SW, CALGARY, Alberta T1A5R7
Price
$2,290,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
1530ft2
Year of Construction:
1928

MLS®#A2132919

Property Description

A rare opportunity to own a slice of land in the heart of Downtown Calgary and strategically invest directly in the path of development. This 50' x 123' site is ideally situated within the commercial core mere steps from the Bow River Pathway network and right in the middle of the highly anticipated Eau Claire Plaza Development and 8th Street Revitalization projects spearheaded by the City of Calgary. The prominent corner lot comes with two points of access, 10 on-site parking stalls and is currently home to a 1,530 restaurant. An attractive destination for foot traffic, C-Train users, and vehicle access alike, with high visibility for marketing and 6,153 sf of unlimited potential. The CR20-C20/R20 zoning allows for a maximum FAR of 3, however this can be increased up to 20 based on a developer's ability to meet incentives set out by the city. With no maximum building height allowance, envision yourself creating the next memorable high-rise amongst our iconic skyline. You won't find a more perfect holding property than this. Something special awaits only those bold enough to explore new frontiers. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 1530 sqft
  • Building Type: Retail

Land

  • Land Size: 572 m2|4,051 - 7,250 sqft

Zoning

  • Description: CR20-C20/R20

Information entered by CIR Realty
Listing information last updated on: 2024-11-07 19:38:10


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

20 YRS EXPER, 1000+ SALES, marketing savvy, people savvy. 100'S OF HAPPY CUSTOMERS, DOZENS UPON DOZ ...

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Aimee Wong Associate

Phone:
403-540-6792
Email:
aimee@calgaryhomerealty.ca
Support Area:
Calgary, Greater Calgary Area, Airdrie, Chestermere, Okotoks, Langdon, Cochrane, Rural Rocky View, Red Deer County, Red Deer, Diamond Valley, Didsbury, Carstairs, Crossfield

My education is in the art of communication, marketing, and design. Before becoming an agent, I sp ...

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Anna Madden Associate

Phone:
587-830-2405
Email:
anna.madden05@gmail.com
Support Area:
Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

Experienced Residential Realtor serving Calgary and surrounding communities. I have knowledge in buy ...

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