JN REAL ESTATE GROUP

Beltline

FOR SALE

$2,500,000

PURCHASE PRICE

1501 1 Street SE, Calgary · T2G 2J4

RETAIL · BUILT 1912

MLS A2118801 · 833 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

Great Opportunities! Future Mixed-Use Development Site on Corner Location with Interim holding Income. Corner Lot of Prime location, steps to stampede grounds, BMO centre, 17th avenue shops and restaurants, transit and casino. CC-MHX ZONING ALLOWS FOR 3 TIMES SITE COVERAGE WITH NO LIMITATION ON BUILDING HEIGHT. This freestanding retail building located on a corner lot (1st street South bound Macleod Trail) and 15th Ave SE in the heart of Victoria Park. The existing building is 2,132 SF WITH 7 parking stalls. There is potential to build high rise and low rise building if unified with neighbor's vacant lot. Pls. see the photos for 2 possible developments options. NEW UPDATES: This building has been fully renovated to professional SPA with many upgrades. 3 professional rooms added in the main floor with brand new gorgeous shower, new flooring, new furnace and new heat water tank. This brings nice business income.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Retail
YEAR BUILT
1912

PARKING

TOTAL PARKING
7

LOT & EXTERIOR

LOT SIZE (SQFT)
3,347
LOT SIZE (ACRES)
0.08
LOT
Corner Lot

COMMUNITY

COMMUNITY
Beltline
ZONING
CC-X
POSTAL CODE
T2G 2J4

UTILITIES & COSTS

ANNUAL TAXES
$17,902

LISTING COURTESY OF JIAN HUI OUYANG · CENTURY 21 BAMBER REALTY LTD.

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.