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Munro Apartments 540-542 16 Av NE 62,000 SF of 4-Star Retail Space Available in Calgary, AB T2E 1K4

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HIGHLIGHTS

  • A major redevelopment

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • -
  • 62,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Spec Suite
  • August 02, 2027

A major redevelopment to a legacy Calgary Co-op grocery store site along 16th Avenue NE Calgary. The redevelopment will see the demolition of the existing grocery store and the addition of a new mixed-use building featuring a 40,000 square foot grocery store and approximately 5,000 square feet of accompanying retail at grade with over 189 residential units above. The redevelopment will also facilitate further densification to the site with the addition of a car wash and another 15,000 square feet of commercial services. The project will be phased to ensure the existing grocery store is open until the new store is ready. ROYOP will be overseeing the entire project from conceptualization, financing, municipal approval, through to construction and leasing. Projected availability is August of 2027.

  • Space is in Excellent Condition
  • Over 189 residential units above.
Space Size Term Rental Rate Space Use Condition Available
- 62,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Spec Suite August 02, 2027

-

Size
62,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Spec Suite
Available
August 02, 2027

-

Size 62,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition Spec Suite
Available August 02, 2027

A major redevelopment to a legacy Calgary Co-op grocery store site along 16th Avenue NE Calgary. The redevelopment will see the demolition of the existing grocery store and the addition of a new mixed-use building featuring a 40,000 square foot grocery store and approximately 5,000 square feet of accompanying retail at grade with over 189 residential units above. The redevelopment will also facilitate further densification to the site with the addition of a car wash and another 15,000 square feet of commercial services. The project will be phased to ensure the existing grocery store is open until the new store is ready. ROYOP will be overseeing the entire project from conceptualization, financing, municipal approval, through to construction and leasing. Projected availability is August of 2027.

  • Space is in Excellent Condition
  • Over 189 residential units above.

PROPERTY FACTS

Total Space Available 62,000 SF
No. Units 189
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 399,936 SF
Year Built 2026
Construction Status Under Construction

ABOUT THE PROPERTY

A major redevelopment to a legacy Calgary Co-op grocery store site along 16th Avenue NE Calgary. The redevelopment will see the demolition of the existing grocery store and the addition of a new mixed-use building featuring a 40,000 square foot grocery store and approximately 5,000 square feet of accompanying retail at grade with over 189 residential units above. he redevelopment will also facilitate further densification to the site with the addition of a car wash and another 15,000 square feet of commercial services. The project will be phased to ensure the existing grocery store is open until the new store is ready. Royop will be overseeing the entire project from conceptualization, financing, municipal approval, through to construction and leasing. Anticipated Opening Date: 2027

Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Starbucks
Safeway Canada
Td Canada Trust
Scotiabank
CIBC
Quesada
Fit Body Boot Camp
Anytime Fitness
  • Listing ID: 31678908

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 540-542 16 Av NE, Calgary, AB T2E 1K4

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