15678 sqft
$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:40616)
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