Calgary, AB T2R1M3,640 10 AVE SW
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Calgary, AB T2R1M3,640 10 AVE SW
Calgary, AB T2R1M3,640 10 AVE SW
Calgary, AB T2R1M3,640 10 AVE SW
Calgary, AB T2R1M3,640 10 AVE SW

$5,350,000

Est. payment /mo

$4,500,000

18.9%
Est.Price: ?

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640 10 AVE SW Calgary, AB T2R1M3

0.36 Acres Lot

SOLD DATE : 10/21/2024

Key Details

Sold Price $5,350,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Beltline

MLS® Listing ID A2137759

Sold Date 10/21/24

Originating Board Calgary

Year Built 1974

Annual Tax Amount $73,509

Tax Year 2023

Lot Size 0.364 Acres

Acres 0.36

Property Description

Exclusive opportunity in Calgary’s Beltline District with tremendous development potential. CC-X zoning allows for a blend of commercial, residential, and mixed-use projects, Maximize development footprint and profitability with the density of Base 5.0 FAR + 3.0 Bonus FAR. Prime downtown location with excellent visibility and increasingly rare freehold site size with a total 99 ft frontage and 160 ft depth. Proximity to major amenities, business centers, and attractions. Calgary is a thriving economic hub with a strong real estate market, diversified economy and record breaking, new in-migration. Resurgence in urban development with infrastructure projects and revitalization initiatives are ideal for businesses in this location. Take advantage of Calgary’s growing population, young, entrepreneurial vibe, and rapidly evolving cityscape. Strong income from tenants and parking make this an ideal investment in a vibrant city. Call for more details.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning CC-X

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Roof Type Asphalt Shingle

Lot Frontage 99.0

Total Parking Spaces 25

Others

Restrictions None Known

Ownership Private

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Listed by Real Broker

Jasben Lai

+1(403) 689-5512

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