Calgary, AB T1A 5R7,402 8 ST SW
Calgary, AB T1A 5R7,402 8 ST SW
Calgary, AB T1A 5R7,402 8 ST SW
Calgary, AB T1A 5R7,402 8 ST SW
Calgary, AB T1A 5R7,402 8 ST SW
Calgary, AB T1A 5R7,402 8 ST SW
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Sheldons Xa

Sheldons Xa

Twenty Realty

+1(587) 832-1826
$ 2,290,000
Est. payment | /mo

6,156 Sqft Lot


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$ 2,290,000
Est. payment | /mo
Save

6,156 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Commercial Core

MLS® Listing ID A2208696

Year Built 1928

Annual Tax Amount $35,187

Tax Year 2024

Lot Size 6,156 Sqft

Acres 0.14

Property Sub-Type Retail

Source Calgary

Property Description

This is an ideal opportunity for a restaurant owner/user looking to purchase a retail building with land, and the Seller is willing to help finance a purchase with a 10% VTB. Currently home to a 1,530 restaurant, with 10 on-site parking stalls, on a prominent corner with two points of access. The building sits on land in the heart of Downtown Calgary in the path of development. Check out the city's plan to revitalize 8th Street and be part of a future high street. This 50' x 123' site is ideally situated within the commercial core mere steps from the Bow River Pathway network and right in the middle of the highly anticipated Eau Claire Plaza Development. An attractive destination for foot traffic, C-Train users, and vehicle access alike, with high visibility for marketing and 6,153 sf of unlimited potential. The CR20-C20/R20 zoning allows for a maximum FAR of 3, however this can be increased up to 20 based on a developer's ability to meet incentives set out by the city. With no maximum building height allowance, envision yourself creating the next memorable high-rise amongst our iconic skyline. You won't find a more perfect holding property than this.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning CR20-C20

Interior

Inclusions To be determined during Due Diligence period

Exterior

Lot Frontage 50.0

Total Parking Spaces 10

Others

Restrictions None Known

Tax ID 95144754

Ownership Private

Listed by CIR Realty

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agent-avatar

As a real estate agent, Sheldons brings a strong passion and incredible dedication to ensuring real estate buyers and sellers achieve their goals in a smooth and fulfilling process. Growing up in a family of Real Estate Professionals, Property Managers, and Real Estate Investors, Sheldons gained valuable knowledge about real estate transactions. He nurtured a deep love for the industry from a young age. Given his background, he always desired to venture into the industry to give his clients a positive, rewarding, and financially satisfying real estate experience.


Determined to help his client navigate the complex and competitive market with ease, Sheldons seeks to guide, advise, and educate clients, in order to empower them to make wise and well-informed choices. He strives to go over and beyond to help buyers find their perfect homes and assist sellers in marketing their properties for top dollar. For Sheldons, there is nothing more fulfilling than seeing the smile and the look of satisfaction on his client’s face after a successful closing.


When you entrust Sheldons with your real estate dreams, you can be confident that he won’t rest until he turns them into reality.

 

+1(587) 832-1826

sxa@twentyrealty.ca

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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402 8 ST SW