1231 10 AVE SW new

Calgary,AB T3C 0J3

$ 5500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Beltline

MLS Listing ID A2205113

Originating Board Calgary

Year Built 1900

Annual Tax Amount $89,948

Tax Year 2024

Lot Size 0.523 Acres

Acres 0.52

Property Sub-Type Mixed Use

Property Description

Click brochure link for more details. Prime future development site! Four year sale-leaseback offering exceptional holding income/yield 1231 10th Avenue SW is a 22,770 square foot future mixed-use redevelopment site located in the west end of Calgary's popular Beltline District. The property's high-profile location offers excellent access to the Downtown Core while enjoying the numerous dining, shopping, recreation, and entertainment offerings of an inner-city location.



The site is zoned for high-density mixed-use development allowing for a maximum density of 8 times site area. The existing 9,975 square foot retail building is fully leased to Vistek Camera Store. The Vendor is willing to offer a sale leaseback to include a four year term at a lease rate of $16.00 per square foot.



The area immediately surrounding the Property has seen a number of recent and successful multi-residential developments providing a strong business model for future redevelopment of the Property and the strengthening demand for West Beltline development opportunities.”

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning CC-X

Interior

Inclusions Call seller directly

Others

Restrictions Phone Listing Broker

Tax ID 95187119

Ownership Private

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