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331 16th Ave NW
Calgary, AB T2M 0H9
Land For Sale
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0.54 AC
INVESTMENT HIGHLIGHTS
- Development opportunity on inner city lot located adjacent to approved 6 story development.
- Major east west and north south roads provide great access to the property.
- High Traffic counts on 16th Avenue NW provides strong support for a mixed use retail and residential development.
EXECUTIVE SUMMARY
The subject site offers an excellent opportunity to acquire property in a prime location adjacent to a new six-storey development that will include ground-floor retail and 106 residential units. With a comparable FAR, the site presents considerable potential for a project of similar scope, benefitting from increased pedestrian activity, enhanced amenities, and improved visibility within the area. This is a valuable occasion to align your development with a landmark project anticipated to enhance the local environment and support long-term value growth.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.54 AC |
| Property Type | Land | ||
| Zoning | C-COR 1 - Commercial Corridor 1 - Medium density mixed use development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.54 AC |
| Zoning | C-COR 1 - Commercial Corridor 1 - Medium density mixed use development |
1 LOT AVAILABLE
Lot
| Lot Size | 0.54 AC |
| Lot Size | 0.54 AC |
Plan 0912229 Block 2 Lot 45
DESCRIPTION
5,346 sq. ft. +/- retail/warehouse building currently sits on the property. Constructed in 1979 it consists of concrete block and wood frame construction.
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