A prime land assembly is available in Manchester, Calgary, offering exceptional potential for mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately +/- 12,500 square feet and is zoned DC-1 with Permitted Uses of MU-1 (MU-1f8h75), allowing for a wide range of commercial and residential uses. With a FAR of 5.0, which can be expanded to 8.0, developers have the flexibility to create a dynamic project that caters to the growing demand for housing and commercial space in this thriving community. The property's strategic location, combined with the favorable zoning and development potential, presents a unique opportunity for investors and developers seeking to capitalize on Manchester's rapid growth and vibrant lifestyle. The land assembly includes a diverse mix of existing properties, including a full duplex (separate titles), and single-family. This provides a solid foundation for redevelopment and offers potential rental income during the planning and construction phases. Manchester, a mature and established neighborhood, has experienced significant population growth in recent years, driven by its proximity to major amenities, transportation options, and the area's overall appeal. The demand for housing and commercial space in Manchester continues to outpace the city average, making this land assembly a highly desirable investment opportunity. This is part of a larger land assembly, see listing A2164096 for more information. (id:47423)
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Detailed Information
Lot
30.48 x 38.1 m
Amenities Nearby
Park, Playground, Schools, Shopping
Listing Contract Date
2024-09-10
Municipal ID
0016835218
Ownership Type
Freehold
Plan
5454AC
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
DC (MU-1)
Building
Age
Age is unknown
Land
Total Size
12507.66 square feet
Amenities
Park, Playground, Schools, Shopping
Fence Type
Fence
Size of Irregular Land
12507.66
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