1231 10 Avenue Sw Calgary, Alberta T3C 0J3

9,975 ft2

$5,500,000

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.” (id:57810)

Property Details

MLS® Number A2205113
Property Type Other
Neigbourhood Connaught
Community Name Beltline
Plan A1
Road Type Paved Road

Building

Constructed Date 1900
Size Exterior 9975 Sqft
Size Interior 9,975 Ft2
Total Finished Area 9975 Sqft
Type Commercial Mix

Land

Acreage No
Size Irregular 2115.00
Size Total 2115 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac)
Size Total Text 2115 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac)
Zoning Description Cc-x

https://www.realtor.ca/real-estate/28090065/1231-10-avenue-sw-calgary-beltline

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