9,975 ft2
$5,500,000
Click brochure link for more details. Prime future development site! Four year sale-leaseback offering exceptional holding income/yield 1231 10th Avenue SW is a 22,770 square foot future mixed-use redevelopment site located in the west end of Calgary’s popular Beltline District. The property’s high-profile location offers excellent access to the Downtown Core while enjoying the numerous dining, shopping, recreation, and entertainment offerings of an inner-city location. The site is zoned for high-density mixed-use development allowing for a maximum density of 8 times site area. The existing 9,975 square foot retail building is fully leased to Vistek Camera Store. The Vendor is willing to offer a sale leaseback to include a four year term at a lease rate of $16.00 per square foot. The area immediately surrounding the Property has seen a number of recent and successful multi-residential developments providing a strong business model for future redevelopment of the Property and the strengthening demand for West Beltline development opportunities.” (id:60626)
Property Details
MLS® Number
|
A2205113 |
Property Type
|
Other |
Neigbourhood
|
Connaught |
Community Name
|
Beltline |
Plan
|
A1 |
Road Type
|
Paved Road |
Building
Constructed Date
|
1900 |
Size Exterior
|
9975 Sqft |
Size Interior
|
9,975 Ft2 |
Total Finished Area
|
9975 Sqft |
Type
|
Commercial Mix |
Land
Acreage
|
No |
Size Irregular
|
2115.00 |
Size Total
|
2115 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
Size Total Text
|
2115 M2|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
Zoning Description
|
Cc-x |