Property Details for MLS® # A2273010
526 16 Avenue, Calgary
Retail Property for Sale
- MLS®#: A2273010
- Price: $5,299,000
- Status: Active
- Year Built: 1963
Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.)
Contact Ryan & Dennis Shandruk About MLS® A2273010
Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3
property information
- Property Type: Retail Property
- MLS®#: A2273010
- Year Built: 1963
Community Information
- Address: 526 16 Avenue
- Neighbourhood: Mount Pleasant
- City: Calgary
- Postal Code: T2M 0J4
interior
- Included: N/A
- Fireplace Details: For Sale
exterior
- Frontage: 60.96M 200`0" metres
services & amenities
- Heating: Forced Air,Natural Gas
- Heating: Forced Air, Natural Gas
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