1912, 1916 , 1924 37 Street Sw, Killarney/Glengarry, Calgary

$6,990,000

1 of 6
0 Baths
.21 Acres

Retail Property for Sale in Killarney/Glengarry, Calgary at 1912, 1916 , 1924 37 Street Sw

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.

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Essential Information
MLS® #A2096683
Price$6,990,000
Bathrooms0.00
Acres0.21
Year Built1957
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address1912, 1916 , 1924 37 Street Sw
CountyCalgary
ProvinceAlberta
Postal CodeT3E 3A3
ZoneZone CC
Exterior
ConstructionBrick
Additional Information
ZoningMU-2 f5.0h26
Listing Details
OfficeROYAL LEPAGE BENCHMARK
LISTING MAP

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