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2620 Centre St Ne, Calgary, Alberta

$2,600,000 - $2.6M Price - ¼ Acres - 156 DOM

Attention Builders and Investors!! Tremendous opportunity to purchase 3 consolidated lots at the corner of 26 Avenue NE on the Centre Street, where a future Green Line LRT station will be built. The location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). These lands have a huge potential to be developed into various commercial units on the main level with five levels of a high-end condo. It is only a 5-minute drive from/to downtown. City File NumberLOC2018-0039 At present, there is a house on one of the lots (at the south side) renting for $1700 per month (land value only). With a total land size of 11,000 sq ft, land use MU-2 commercial and residential mixed-use with a maximum floor area ratio of 3,700 Square meters, based on a building floor to parcel area ratio (FAR) of 3.7 and a maximum building height of 26 meters.

Essential Information

For 2620 Centre St Ne, Calgary, Alberta
  • MLS® # C4226732
  • Price $2,600,000
  • Bathrooms 0.00
  • Acres 0.25
  • Type Land
  • Status Active

Community Information

For 2620 Centre St Ne, Calgary, Alberta
  • Address 2620 Centre St Ne
  • Area Calgary
  • Subdivision Tuxedo Park
  • City Calgary
  • Province Alberta
  • Postal Code T2E 2V4

Exterior

For 2620 Centre St Ne, Calgary, Alberta
  • Exterior Features Fenced, Flat Site

School Information

For 2620 Centre St Ne, Calgary, Alberta
  • District Calgary

Listing Details

For 2620 Centre St Ne, Calgary, Alberta
  • Office WEXCEL

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This is a prime 3 lot Development Assembly that fronts onto the busy 1st Ave strip in Bridgeland. It is Zoned MU-2 with an FAR of 3 and a 16m Height approval. The site is 9453sqft (+/-) allowing for the possibility of a total buildable area of 28,359sqft (+/-) All 3 of the lots have livable homes, which are currently leased and are producing a combined income of . This is a great site which you could look at Developing right away or keep it
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MLS® #C4245844

Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on July 22nd, 2019 at 2:31pm MDT.