$ 6,990,000
1912, 1916 , 1924 37 ST SW Calgary, AB T3E 3A3
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$ 6,990,000
Est. payment | /mo
8,987 Sqft Lot
$ 6,990,000
Est. payment | /mo
8,987 Sqft Lot
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
Listed by Royal LePage Benchmark
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