402 8 Street SW, CALGARY

2025-04-11
 

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®#A2208696

Property Description

This is an ideal opportunity for a restaurant owner/user looking to purchase a retail building with land, and the Seller is willing to help finance a purchase with a 10% VTB. Currently home to a 1,530 restaurant, with 10 on-site parking stalls, on a prominent corner with two points of access. The building sits on land in the heart of Downtown Calgary in the path of development. Check out the city's plan to revitalize 8th Street and be part of a future high street. 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. 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. (id:32467)

Property Features

Building

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

Land

  • Land Size: 6156.96 sqft|4,051 - 7,250 sqft

Zoning

  • Description: CR20-C20

Information entered by CIR Realty
Listing information last updated on: 2025-04-12 12:25:20


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$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.

Send a Message


One Percent Realty's top FAQs

Q
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!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal

 

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

22 YRS EXPER, 1300+ SALES, marketing savvy, people savvy. 100'S OF HAPPY CUSTOMERS, DOZENS UPON DOZ ...

Full Profile

 

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 ...

Full Profile

 

Dabs Fashola Associate

Phone:
403-619-0621
Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds

Turning Real Estate Dreams into Reality | Your Trusted RealtorEvery real estate journey is ...

Full Profile