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402 8th St SW

1,530 SF Retail Building Calgary, AB T2P 1Z9 $1,630,265 USD ($1,066 USD/SF)

Investment Highlights

  • Prominent Corner Lot with Two Points of Entry
  • Convenient for both Pedestrian Traffic and Vehicle Access
  • Approximately 10 Parking Stalls
  • Part of the City of Calgary's 8th Street Development Strategy

Executive Summary

Situated in the Downtown Commercial Core and steps away from the Bow River Pathways Network along Eau Claire, this is the idea location for a new development with the added bonus of revenue generation while determining highest and best use. The site itself is part of a city-wide strategy to revitalize 8th Street, with the city prioritizing investing in and re-developing the entire area.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,530 SF
Building Class
C
Year Built
1928
Price
$1,630,265 USD
Price Per SF
$1,066 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Land Acres
0.14 AC
Zoning
CR20 - Maximum FAR can be increased up to 20 based on ability to meet incentives by the city. There is no maximum building height allowance.
Parking
9 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
123 FT on 8 St SW

Amenities

  • Bus Line
  • Signalized Intersection
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Biker's Paradise (94)
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

Gyu-Kaku Japanese BBQ
Extreme Pita
Tim Hortons
Hsbc Bank
F45 Training, Inc.
Starbucks
Original Joe's
Scotiabank
Moxies
TD Canada Trust
  • Listing ID: 32559358

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 402 8th St SW, Calgary, AB T2P 1Z9

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