Homes for sale - 402 8 Street SW, Calgary, AB T1A5R7

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$2,290,000

Est. payment - /mo

1,530 SqFt

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,530 sqft

Price per Sqft $1,496

Subdivision Downtown Commercial Core

MLS® Listing ID A2132919

Originating Board Calgary Real Estate Board

Year Built 1928

Lot Size 6,156 Sqft

Acres 6156.9565

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:24570)

Location

Province AB

Exterior

Parking Features No

View Y/N No

Private Pool No

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Listed by CIR Realty

+1(250) 882-3335

alex@victoriahomes.com

402 8 Street SW Calgary, AB T1A5R7

RE/MAX Generation

Key Details

Location

Exterior

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