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1903-1907 31 St SW

0.25 Acres of Commercial Land Offered at $2,078,828 USD in Calgary, AB T3E 2M8

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INVESTMENT HIGHLIGHTS

The property comes with an approved Development Permit (DP) and available plans for a medical/retail building.
There is the noteworthy cost savings to development, which include the recent relocation of utility poles, eliminating any associated demolition costs

Underground parking on site

EXECUTIVE SUMMARY

A rare opportunity to acquire one of the prime Mixed-Use commercial and residential lots in the area. This MU-2 zoned land boasts an FAR of 5.0, H26 allowing for a maximum development of 53,925 SQF. However, there is excellent flexibility to pursue a retail/residential development if desired.DP2020-1250 Approved:New: Medical Clinic, Retail and Consumer Service, Restaurant: Neighborhood, Accessory Residential Building (garbage enclosure).- 3 Storey (Main floor retail and upper floors medical offices- Main Floor:4 Units retail (5,630 SF)- 2nd Floor:2 Units (6,674 SF)- 3rd Floor:2 Units (6,092 SF)- Underground parking 19 stalls.

17 Ave Sales Brochure (1) (5)

PROPERTY FACTS

Price	$2,078,828 USD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use
No. Lots	1	Total Lot Size	0.25 AC
Property Type	Land

Price	$2,078,828 USD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use
Total Lot Size	0.25 AC

1 LOT AVAILABLE

Lot

Price	$2,078,828 USD	Lot Size	0.25 AC
Price Per AC	$8,396,284.90 USD

Price	$2,078,828 USD
Price Per AC	$8,396,284.90 USD
Lot Size	0.25 AC

A rare opportunity to acquire one of the prime Mixed-Use commercial and residential lots in the area.

DESCRIPTION

Positioned on a desirable corner lot, the property features 120 feet of frontage and 90 feet of depth, totaling 10,785 SF. With vehicle access available on three sides, the site offers exceptional visibility, facing a major roadway (17th Ave SW), with exposure to over 21,000 vehicles daily.

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