Daryl Carlson - 403-259-4141

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Other in Calgary

$5,500,000.00
1231 10 Avenue Southwest - MLS® #: A2205113
  • (103)
  • 56
  • 164
  • 0 Bedrooms
  • 0 Bathrooms
  • 9975 Sq Ft
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Daryl Carlson
403-259-4141

Property Type

Other

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.” (id:6769

Property Details

Subarea
Beltline

Lot
2115

Year Built
1900

Disclaimer:

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Listing data last updated date: 2025-06-19 23:19:06

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Listing Agent: Michelle Plach

Brokerage: Honestdoor Inc.