$ 6,990,000
1912, 1916 , 1924 37 Street SW Calgary, AB T3E3A3
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$ 6,990,000
Est. payment | /mo
15,678 SqFt
$ 6,990,000
Est. payment | /mo
15,678 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 15,678 sqft
Price per Sqft $445
Subdivision Killarney/Glengarry
MLS® Listing ID A2096683
Originating Board Calgary Real Estate Board
Year Built 1957
Lot Size 8,987 Sqft
Acres 8987.865
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:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Royal LePage Benchmark
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