$1,750,000
5712 - 5716 2 ST SW Calgary, AB T2H 1Y6
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$1,750,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
10/12/2024 07:15 AM
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Manchester
MLS® Listing ID A2164720
Originating Board Calgary
Annual Tax Amount $5,065
Tax Year 2024
Lot Size 0.287 Acres
Acres 0.29
Property Description
A prime land assembly is available in Manchester, Calgary, offering exceptional potential for mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately +/- 12,500 square feet and is zoned DC-1 with Permitted Uses of MU-1 (MU-1f8h75), allowing for a wide range of commercial and residential uses. With a FAR of 5.0, which can be expanded to 8.0, developers have the flexibility to create a dynamic project that caters to the growing demand for housing and commercial space in this thriving community. The property's strategic location, combined with the favorable zoning and development potential, presents a unique opportunity for investors and developers seeking to capitalize on Manchester's rapid growth and vibrant lifestyle. The land assembly includes a diverse mix of existing properties, including a full duplex (separate titles), and single-family. This provides a solid foundation for redevelopment and offers potential rental income during the planning and construction phases. Manchester, a mature and established neighborhood, has experienced significant population growth in recent years, driven by its proximity to major amenities, transportation options, and the area's overall appeal. The demand for housing and commercial space in Manchester continues to outpace the city average, making this land assembly a highly desirable investment opportunity. This is part of a larger land assembly, see listing A2164096 for more information.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC (MU-1)
Interior
Inclusions Stove, Fridge, Washer/Dryer
Exterior
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Lot Frontage 100.0
Others
Restrictions None Known
Ownership Private
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Listed by CIR Realty
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