Chris Zaharko
(403) 253-1901
ROYAL LEPAGE BENCHMARK
403-253-1901
1912, 1916 , 1924 37 Street SW
Calgary , Alberta T3E 3A3
Calgary , Alberta T3E 3A3
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1912, 1916 , 1924 37 Street SW For Sale
$6,990,000
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.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
181
181
Zoning
MU-2 f5.0h26
MU-2 f5.0h26
Subdivision
Killarney/Glengarry
Killarney/Glengarry
Building Type
Free-Standing
Free-Standing
Year Built
1957
1957
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
6110AK
6110AK
Building Area (Sq. Ft.)
15678.00
15678.00
Building Area (Sq. M.)
1456.52
1456.52
Lot Size (Sq. Ft.)
8987
8987
Lot Size (Acres)
0.21
0.21
Construction Type
Brick
Brick
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Call Lister
Call Lister