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$ 5,500,000
Est. payment | /mo
9,975 SqFt
$ 5,500,000
Est. payment | /mo
9,975 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,975 sqft
Price per Sqft $551
Subdivision Beltline
MLS Listing ID A2205113
Year Built 1900
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Mixed Use
Property Description
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.”
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.”
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning CC-X
Interior
Inclusions Call seller directly
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions Phone Listing Broker
Listed by Honestdoor Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "