Mount Pleasant - NW Calgary Real Estate
Transit
Bus routes 2 and 404 serve the community.
Parks & Recreation
Where do residents of Mount Pleasant like to shop? The North HIll Shopping Centre is nearby and features a plethora of eateries, shops and service providers like Kal Tire, A&W, Chili's, Coles, Aldila Boutique, Reitmans, and Stitches.
Within the community is Mount Pleasant Park. It's small but many parks surround this community for the benefit of residers, including Riley Park, Crescent Heights Park Capital Hill Park, Queens Park, Horsey Park, Munro Park, Winston Heights Park, and Tuxedo Park.
Schools
Schools in this community include James Fowler High, Balmoral Junior High, King George Elementary.
Houses of Worship
Houses of worship in this community include Holy Cross Anglican, Brentview Baptist, Saint Giles Presbyterian.
Mount Pleasant - NW Calgary MLS® System Listings
526 16 Avenue NW - MLS® # A2062019
- Property Value $5,490,000
- Lot Size Area 22260.0 sqft
- Type Retail (Commercial)
- Year Built 1963
Description
Price Reduced! Introducing a versatile commercial property offering endless possibilities, now available at a reduced price! With over 0.5 acres of land and a spacious 10,000+ sq ft building, this income-producing asset sits prominently along Calgary's TransCanada Hwy, offering unparalleled visibility. Its strategic location near downtown, the airport, Deerfoot highway, SAIT, and the University of Calgary makes it an ideal candidate for redevelopment into either a cutting-edge medical clinic or a vibrant strip mall. Zoned for C-cor 2 and boasting a 5.0 FAR, with a maximum height of 37 meters, this property provides ample room for expansion and innovation. Priced attractively at approximately $52.00 per buildable square foot, it presents an enticing investment opportunity. With an effective gross income of $230,000 annually and a NOI of $100,000 annually, developers and investors will find this property highly appealing. Whether envisioning a state-of-the-art medical facility catering to the community's healthcare needs or a dynamic strip mall bustling with shops and services, this property offers the ideal canvas. And with ample parking spaces available, convenience is assured for visitors and tenants alike. Don't miss out on the chance to bring your vision to life in one of Calgary's most promising locations! (Please note: The conceptual sketch provided is for illustrative purposes only.)
526 16 Avenue NW, Calgary
Listing Provided By
KEY REALTY GROUP INC.
Last Updated
2024-04-08 10:40
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