217 4 St NE - Commercial LAND FOR SALE


Calgary, AB T2E 3S1- North Hill/Downtown/Beltline32,417 SF
$12,900,000 CAD
825-305-5984
217 4 St NE, Calgary, AB for Sale
$12,900,000 CAD
Commercial LAND - FOR SALE
1/6
32,417 SF


OVERVIEW

Prime Opportunity to Acquire 0.74 Acres of Development Land with Holding Income in One of Calgary's Most Desirable Inner-City Communities. Property details: Municipal addresses 201-217 4 Street N.E.; site size 0.74 acres (32,417 SF); land use designation MU-2; maximum FAR 9.0; maximum potential density 291,753 SF; maximum height 80M (26 stories); and up to 9,000 SF of walk-up retail with a welcoming plaza. Investment Highlights: This is an excellent opportunity to acquire a prominent inner-city development site spanning three-quarters of a city block with full city block frontage of 260F x 125F. The property is currently leased to a mix of retail, office tenancies, and residential apartments, providing holding income during a development planning process. It offers direct frontage onto 4 Street N.E., a main southbound roadway providing access for Calgary's northern communities to the downtown core, and is in close proximity to abundant amenities including restaurants and cafés along 1st Avenue N.E. in Bridgeland, the Bow River Pathway System, St. Patrick's Island Park, Bridgeland Memorial LRT Station, Blush Lane, and the Calgary Italian Cultural Centre.

FOR SALE DETAILS

PRICE

$12,900,000 CAD

PRICE/ACRE

$17,334,238/AC

PRICE/SF

$398 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

201-217 4 Street N.E.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units - Condo, Hold for Development, Hold for Investment, Storefront Retail/Office, Storefront Retail/Residential, Strip Center

LAND ACRES

0.74 AC

LAND SF

32,417 SF

OFFSITE IMPROVEMENTS

-

ZONING

MU-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vince OliverioRE/MAX House of Real EstateMore Info
825-305-5984

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Vince OliverioRE/MAX House of Real EstateMore Info
825-305-5984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.