625 2 Av Ne, Calgary

$4,500,000

0 Beds
0 Baths
121,150 Sqft
0 Acres
0 Garages

Excellent opportunity to buy now with income to carry & get ready for the next round of redevelopment in a GREAT Community!! Just rezoned to C-COR 1, FAR 4.5, H 29 with a Potential Conceptual Building with 90 +/- Condo Apartments, 6 +/- Live Work Units & 10 +/- Retail Bays directly on Edmonton Trail! This project will be an excellent addition to the fantastic inner city community of Bridgeland/Riverside. Easy walk/bike to Bridgeland Amenities, East Village, Downtown, LRT, the Calgary Zoo & the miles of City pathways. Site currently has a 24 unit apartment building & an old single family home. This provides some revenue while getting organized to build or holding for awhile. Income/expense details available. The Development Permit Survey was completed in 2015. A shadow study also available. Some Seller financing might be considered. The Application for Land Use Re-Designation is available & provides detailed information on Community and Policy Context as well as the Potential Conceptual Building Summary.

Essential Information
MLS® #C4210143
Price$4,500,000
Bathrooms0.00
Square Footage121,150
Acres0.00
Year Built1965
TypeCommercial
Sub-TypeMulti Unit
StatusActive
Community Information
Address625 2 Av Ne
AreaCalgary
SubdivisionBridgeland/Riverside
CityCalgary
ProvinceAlberta
Postal CodeT2E 0E9
Exterior
Exterior FeaturesFlat Site
Additional Information
ZoningZone CC
Listing Details
OfficeREAL ESTATE PROFESSIONALS INC.
LISTING MAP

Get directions to this property:

Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on September 23rd, 2019 at 2:45pm CDT.

Sign up for email updates