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1912, 1916 , 1924 37 Street SW
Calgary Alberta , T3E3A3 , Canada
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$6,990,000.00
MLS® A2096683
Commercial
Lot Size: 835 Square Metres
Floor Space (approx): 15678.00 Square Feet
Built in: 1957
Zoning: MU-2 f5.0h26
Remarks:
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:7526)

Property Features:
  • OwnershipType: Freehold
  • Property Type: Retail
Building Features:
  • Building Type: Retail
  • Exterior Finish: Brick

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