1912, 1916 , 1924 37 Street SW, Calgary, Alberta

$6,990,000

0.21

Acres

About 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.

MLS® # A2096683
Price $6,990,000
Bathrooms 0.00
Lot Size 8,987
Year Built 1957
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 1912, 1916 , 1924 37 Street SW
Subdivision Killarney/Glengarry
City Calgary
Zone Zone CC
Province Alberta
Postal Code T3E 3A3

Interior

Fireplace No
Has Basement No

Exterior

Construction Brick

Additional Information

Date Listed March 1st, 2024
Days on Market 140
Zoning MU-2 f5.0h26

Listing Details

OfficeROYAL LEPAGE BENCHMARK

Listing Map

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