625 2 AV NE

Multi Unit For Sale in Bridgeland/Riverside, Calgary CC

  • 121,150 Sq. Ft.
  • Built 1965

Excellent opportunity to buy now with income to carry & get ready for the next round of redevelopment in a GREAT Community!! Just rezoned to C-COR 1, FAR 4.5, H 29 with a Potential Conceptual Building with 90 +/- Condo Apartments, 6 +/- Live Work Units & 10 +/- Retail Bays directly on Edmonton Trail! This project will be an excellent addition to the fantastic inner city community of Bridgeland/Riverside. Easy walk/bike to Bridgeland Amenities, East Village, Downtown, LRT, the Calgary Zoo & the miles of City pathways. Site currently has a 24 unit apartment building & an old single family home. This provides some revenue while getting organized to build or holding for awhile. Income/expense details available. The Development Permit Survey was completed in 2015. A shadow study also available. Some Seller financing might be considered. The Application for Land Use Re-Designation is available & provides detailed information on Community and Policy Context as well as the Potential Conceptual Building Summary.

Address 625 2 AV NE
List Price 4,900,000
Property Type Commercial
Type of Dwelling Multi Unit
Area Calgary CC
Sub-Area Bridgeland/Riverside
Floor Area 121,150 Sq. Ft.
Year Built 1965
MLS® Number C4210143
Postal Code T2E 0E9
Site Influences Flat Site

Request More Info or a Showing

Chase Olsen

Re/Max First

115 8820 Blackfoot Trail SE Calgary Alberta T2J 3J1

Mobile: (403) 606-0340

Office: (403) 606-0340

Email Directly