Redevelopment Site and/or Value-Add Retail
630 – 642 – 16 Avenue NW & 620 – 626 – 16 Avenue NW Calgary

Redevelopment Site and/or Value-Add Retail - land for sale

31,490 ft2
Land Sale/Purchase
Contact us for price

Description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) has been exclusively retained to offer for sale a 100% freehold interest in 630 – 642 – 16 Avenue NW & 620 – 626 – 16 Avenue NW, Calgary, AB (the “Property”).  

The Property represents a rare opportunity to acquire a prime land assembly within the inner-city community of Mount Pleasant along the primary urban corridor of 16 Avenue NW. Currently improved with a 10,048 square foot retail strip (White's Flowers Building) and a 4,400 square foot automotive shop (Midas Building), the existing improvements can be readily repositioned as a value-add retail play, should immediate redevelopment not be desired.

Total Land Area  31,490 SF
Total Building Area 14,448 SF
Frontage ~270' Along 16 Avenue NW
Land Use C-COR-1 F4.5 and C-COR1 F4.0 H24
Official Plan 16th Avenue North Urban Corridor Area Redevelopment Plan (ARP)
Sale Price $5,950,000

Documents and resources

Redevelopment Site and/or Value-Add Retail - land for sale

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