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7615 42 St NE

4.07 Acres of Industrial Land Offered at $2,227,018 USD in Calgary, AB T3J 4E7

Investment Highlights

  • This is an excellent investment opportunity featuring a 4.07 acre site.
  • Property is convenient to local amenities and major highways.

Executive Summary

4.07 ACRES FOR SALE WITH 5700 SQFT ABOVE GRADE RENOVATED BI LEVEL HOME WITH ILLEGAL BASEMENT SUITE & ATTACHED GARAGE *** INVESTORS ALERT!!! EXCELLENT INVESTMENT OPPORTUNITY *** This is approximately a 4.07 acre parcel with 2 legal entrances on 40ST N.E & 42ND ST N.E -RECENTLY RENOVATED HOME WITH 5 BEDROOMS & 5 BATHROOMS , THIS BI LEVEL IS 5700 SQFT WHICH IS ALL ABOVE GRADE WITH A 2 BEDROOM ILLEGAL BASEMENT SUITE. located in the heart of NE Calgary's Saddleridge Industrial area on 40 St NE. It is an ideal location for Outside storage , Truckers, Developers and Investors. Quick access to Metis Trail, Barlow Trail NE, and 36 Street NE. Current Zoning is light industrial outside storage (I-O). Fully fenced & gravelled turn-key site WITH A CLEAN ENVIRONMENTAL REPORT. THE YARD IS CURRENTLY GENERATING BETWEEN $20,000 - $22,000 PER MONTH with revenue expected to increase in 2025, this is without the home and owner occupied space and shop. MULTIPLE SHOPS WITH MULTIPLE TENANTS IN SEPARATE SECTIONED OFF AREAS. Great Location behind the Saddleridge bottle depot, close to Calgary International Airport, Bus stop, LRT, and all other amenities. Please call for more info.

Property Facts

Price $2,227,018 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 4.07 AC

1 Lot Available

Lot

Price $2,227,018 USD
Price Per AC $547,179 USD
Lot Size 4.07 AC

4.07 acre opportunity within industrial zone

Description

This property has a fully fenced and gravelled lot with an existing bi-level home on site.

zoning

Zoning Code I-O (Industrial Outdoor)
I-O (Industrial Outdoor)
  • Listing ID: 34225619

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 7615 42 St NE, Calgary, AB T3J 4E7

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