$2,600,000.00 0.25 Acre

2620 CENTRE ST NE, Calgary. T2E 2V4

Description

Attention Builders and Investors!! Tremendous opportunity to purchase 3 consolidated lots at the corner of 26 Avenue NE on the Centre Street, where a future Green Line LRT station will be built. The location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). These lands have a huge potential to be developed into various commercial units on the main level with five levels of a high-end condo. It is only a 5-minute drive from/to downtown. City File NumberLOC2018-0039At present, there is a house on one of the lots (at the south side) renting for $1700 per month (land value only). With a total land size of 11,000 sq ft, land use MU-2 f3.7h26 commercial and residential mixed-use with a maximum floor area ratio of 40,700 Square meters, based on a building floor to parcel area ratio (FAR) of 3.7 and a maximum building height of 26 meters.

Listing Information

Prop. Type:Land
MLS #:C4226732
City:Calgary
Neighbourhood:Tuxedo Park
Province:Alberta
Land Size:0.25 Acre
Listing Price:$2,600,000.00
Listing Price Arce:$10,400,000.00 per Acre
Property Subtype:Land
Transaction Type:For Sale
Land Use Code:MU-2 f3.0h20
Listing Contract Date:2019-02-16

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "WEXCEL" listing brokerage.

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