Active
1912, 1916 , 1924 37 Street SW
Calgary Alberta, T3E 3A3
$6,990,000
$445.85 per sqft
Active
15,678 sqft
Commercial
Built in 1957
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.
A2096683
MLSⓇ ID
March 1, 2024
Listed
September 27, 2024
Updated
Map
1912, 1916 , 1924 37 Street SW
Calgary Alberta, T3E 3A3
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Days on Market
7
Garage
No
View
No
County
Calgary
Pool
No
Zoning
MU-2 f5.0h26
Courtesy of ROYAL LEPAGE BENCHMARK, Chris Zaharko
Listing Contact: 403-253-1901
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Data last updated 1:10 PM UTC, 9/27/2024