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  • 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001

    102 58 Avenue SW Manchester Calgary T2H 0A2
    Main Photo: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    $4,900,000
    Land
    Status:
    Active
    MLS® Num:
    A2104001
    Prime multi-residential and mixed use redevelopment site in central Calgary with close proximity to Chinook Mall and Chinook LRT Station! Chinook Mall is western Canada's premier shopping and entertainment destination with over 250 stores. Within a short walk are numerous financial institutions and primary retailers including CIBC, BOM, Home Depot, Marks, Staples and Community Natural Foods. Chinook LRT Station is less than a 10 min walk and being within 600m allows for higher density and reduced parking in a TOD development area. The site is located along 58 Avenue with the area transitioning from low density older industrial buildings into higher density commercial developments evidenced by the new Chinook 58 multi-building retail complex at 2 Street SE. Typical weekday traffic counts are 24,000 vehicles (2019) along 58 Avenue SW and another 18,000 vehicles (2019) along Centre Street South important for retail type developments. With the City actively encouraging higher housing density the highest and best use is rezoning for a multi-residential development with retail on the main floor. A nearby commercial property on 59 Ave SW was recently redesignated from C-Cor3 to M-H2 f5.5 h60. Also review City of Calgary Railway Corridor Policy Plan to verify that a setback from the freight line should not be applicable. Land assembly is two contiguous parcels 102 58 Ave SW - 0.87 acres and 5724 1 St SW - 0.71 acres. Current shop building approx. 3100 sq ft and temporary structures included "as is". Seller discloses environmental impacts and reports are available upon execution of a confidentiality agreement. An exceptional holding property for approved automotive users with existing leases in place. This is a strong growth area with superior upside potential! More details
    Listed by RE/MAX Alpine Realty and NON BOARD BROKER
    Jason Todd
  • 5544 1A Street SW in Calgary: Manchester Industrial Land for sale : MLS®# A2097758

    5544 1A Street SW Manchester Calgary T2H 0E7
    Main Photo: 5544 1A Street SW in Calgary: Manchester Industrial Land for sale : MLS®# A2097758
    $1,690,000
    Land
    Status:
    Active
    MLS® Num:
    A2097758
    Back on the market..... Light industrial (or re-designation) opportunity close to downtown, major arteries and amenities. This unique development property is a 12,500 sq ft end corner lot that has street access from three sides. Currently there is a free standing building with an automotive repair business. There are 12 onsite parking stalls plus lots of street parking. There is also a 5000 sq ft secure fenced storage yard. This property is zoned Industrial Redevelopment (I-R) and is within the Manchester Redevelopment Plan area. Adjacent and near-by land uses include retail, office, multi-family and medical. There is a park with a children's play area just across the street. There has been considerable development and use reclassification in the area. The current owner/user may leave the business name and phone number with sale. This is not a business sale nor a share sale although service equipment maybe included if desired. This is a prime development property and/or automotive use opportunity. The lot and building could be leased to help carry while waiting for approvals. More details
    Listed by RE/MAX Complete Realty
    Jason Todd
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Data was last updated March 28, 2024 at 12:05 PM (UTC)
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