1912, 1916 , 1924 37 ST SW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T3E 3A3
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Killarney/Glengarry
MLS Listing ID A2096683
Originating Board Calgary
Year Built 1957
Annual Tax Amount $98,076
Tax Year 2023
Lot Size 8,987 Sqft
Acres 0.21
Property Description
Amazing Investment Opportunity in Killarney! Owned by the same family for 40+ years, opportunities like this are rare! Located on the corner of 17th Ave & 37 St SW, this massive land assembly is the perfect location for re-development. This parcel of land includes 4 titled properties: 3717 17 Ave SW & 1912, 1976 & 1924 37 St SW. At 290' x 120' the total available lot size is 34,800 ft. An income generator, all units are fully leased, many are long time tenants with approx $36,000 GMI. The property is comprised of 2 strip malls (MU-2 F5.0h26) and a 2 unit residential property (MU-2 F3.0h16) and currently allows for a potential of 162,000 sq ft of new development. The #2 Bus stops directly in front with excellent foot traffic and passenger vehicle exposure. Minutes to Westbrook Mall, Killarney Aquatic Centre and easy access to downtown make this a great location for a mixed use residential development.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning MU-2 f5.0h26
Building
Structure Type Brick
Others
Restrictions None Known
Tax ID 82980275
Ownership Private