1912, 1916 , 1924 37 Street Sw, Calgary, Alberta T3E 3A3 (26571016)
1912, 1916 , 1924 37 Street Sw Calgary, Alberta T3E 3A3
$6,990,000
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. (id:36938)
Property Details
| MLS® Number | A2096683 |
| Property Type | Retail |
| Community Name | Killarney/Glengarry |
| Plan | 6110ak |
Building
| Constructed Date | 1957 |
| Exterior Finish | Brick |
| Size Exterior | 15678 Sqft |
| Size Interior | 15678 Sqft |
| Total Finished Area | 15678 Sqft |
| Type | Retail |
Land
| Acreage | No |
| Size Irregular | 835.00 |
| Size Total | 835 M2|7,251 - 10,889 Sqft |
| Size Total Text | 835 M2|7,251 - 10,889 Sqft |
| Zoning Description | Mu-2 F5.0h26 |
https://www.realtor.ca/real-estate/26571016/1912-1916-1924-37-street-sw-calgary-killarneyglengarry
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March 01 2024 09:41:11
Calgary Real Estate Board
Royal LePage Benchmark