$2,999,000 FOR SALE

Land

1903/1907 31 Street Sw
Calgary, AB T3E 2M8

A rare opportunity to acquire one of the prime Mixed-Use commercial and residential lots in the area. This MU-2 zoned land boasts an FAR of 5.0, H26 allowing for a maximum development of 53,925 SQF. Positioned on a desirable corner lot, the property features 120 feet of frontage and 90 feet of depth, totaling 10,785 SF. With vehicle access available on three sides, the site offers exceptional visibility, facing a major roadway (17th Ave SW), with exposure to over 21,000 vehicles daily. Additionally, there is the noteworthy cost savings to development, which include the recent relocation of utility poles, eliminating any associated demolition costs. The property comes with an approved Development Permit (DP) and available plans for a medical/retail building. However, there is excellent flexibility to pursue a retail/residential development if desired.DP2020-1250 Approved:New: Medical Clinic, Retail and Consumer Service, Restaurant: Neighborhood, Accessory Residential Building (garbage enclosure).- 3 Storey (Main floor retail and upper floors medical offices- Main Floor:4 Units retail (5,630 SF)- 2nd Floor:2 Units (6,674 SF)- 3rd Floor:2 Units (6,092 SF)- Underground parking 19 stalls. (id:47423)

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Listed By ROYAL LEPAGE SOLUTIONS
Data Provided By Alberta West REALTORS® Association
MLS® Listing Number A2115442
Last Updated Jul 04, 2024
Property Summary
Property Type Land

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Community Killarney/Glengarry
Price History
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Detailed Information
Features Back lane
Listing Contract Date 2024-03-15
Municipal ID 0017002651
Ownership Type Freehold
Plan 3619FU
Property Type Vacant Land
Transaction Type For sale
Zoning Description MU-2 f5.0h26
Building
Age Age is unknown
Land
Total Size 10785.44 square feet
Fence Type Not fenced
Disposition Features Cleared
Size of Irregular Land 10785.44

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