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https://www.cirrealty.ca/reb/creb/29/A2231429_2.jpg https://www.cirrealty.ca/reb/creb/29/A2231429_3.jpg https://www.cirrealty.ca/reb/creb/29/A2231429_4.jpg https://www.cirrealty.ca/reb/creb/29/A2231429_5.jpg https://www.cirrealty.ca/reb/creb/29/A2231429_6.jpg

526 16 Avenue NW

Calgary T2M 0J4

MLS® Number:  A2231429

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  • Home \
  • Calgary \
  • Mount Pleasant \
  • 526 16 Avenue NW

$ 5,499,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1963

YEAR BUILT

https://www.cirrealty.ca/reb/creb/29/A2231429_2.jpg

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MLS® Number
A2231429
PROPERTY TYPE
Retail
LISTING DATE
June-16-2025

Introducing a versatile commercial property offering endless possibilities, now available! With over 0.5 acres of land and a spacious 10,000+ sq ft building, this income-producing asset sits prominently along Calgary's TransCanada Hwy, offering unparalleled visibility. Its strategic location near downtown, the airport, Deerfoot highway, SAIT, and the University of Calgary makes it an ideal candidate for redevelopment into either a cutting-edge medical clinic or a vibrant strip mall. Zoned for C-cor 2 and boasting a 5.0 FAR, with a maximum height of 37 meters, this property provides ample room for expansion and innovation. Priced attractively at approximately $52.00 per buildable square foot, it presents an enticing investment opportunity. With an effective gross income of $230,000 annually and a NOI of $100,000 annually, developers and investors will find this property highly appealing. Whether envisioning a state-of-the-art medical facility catering to the community's healthcare needs or a dynamic strip mall bustling with shops and services, this property offers the ideal canvas. And with ample parking spaces available, convenience is assured for visitors and tenants alike. Don't miss out on the chance to bring your vision to life in one of Calgary's most promising locations! (Please note: The conceptual sketch provided is for illustrative purposes only.)

COMMUNITY  Mount Pleasant
PROPERTY TYPE  Retail
BUILDING TYPE  Retail
STYLE  N/A
YEAR BUILT 1963
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  Central Air
FIREPLACE  N/A
FLOORING 
HEATING  Standard, Forced Air, Natural Gas
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF  Asphalt/Gravel
TITLE  Fee Simple
BROKER  Key Realty Group Inc.

 

 

ROOMS DIMENSIONS (m) LEVEL
Picture for 335, 328 Centre Street SE Picture for 335, 328 Centre Street SE Picture for 335, 328 Centre Street SE Picture for 335, 328 Centre Street SE Picture for 335, 328 Centre Street SE

335, 328 Centre Street SE

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$4,500,000 View

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.