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625 2 Avenue NE in Calgary: Bridgeland/Riverside Multi Unit for sale : MLS®# C4291027

625 2 Avenue NE Calgary T2E 0E9 : Bridgeland/Riverside

Main Photo: 625 2 Avenue NE in Calgary: Bridgeland/Riverside Multi Unit for sale : MLS®# C4291027
$4,500,000
Prop. Type:
Commercial
MLS® Num:
C4291027
Status:
Active
Excellent opportunity to buy now with income to carry & get ready for the next round of redevelopment in a GREAT Community!! Just rezoned to C-COR 1, FAR 4.5, H 29 with a Potential Conceptual Building with 90 +/- Condo Apartments, 6 +/- Live Work Units & 10 +/- Retail Bays directly on Edmonton Trail! This project will be an excellent addition to the fantastic inner city community of Bridgeland/Riverside. Easy walk/bike to Bridgeland Amenities, East Village, Downtown, LRT, the Calgary Zoo & the miles of City pathways. Site currently has a 24 unit apartment building & an old single family home. This provides some revenue while getting organized to build or holding for awhile. Income/expense details available. The Development Permit Survey was completed in 2015. A shadow study also available. Some Seller financing might be considered. The Application for Land Use Re-Designation is available & provides detailed information on Community and Policy Context as well as the Potential Conceptual Building Summary.
Property Type:
Commercial
Property Sub Type:
Multi Unit
Condo Type:
Not a Condo
Total Floor Area:
Switch units of measure2.78 acre(s)
Price Per SqFt:
37.144
Taxes:
$26,393 / 2017
Lot Area:
Switch units of measure20,612.89 sq. ft.
Year built:
1965 (Age: 55)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
D
Water Supply:
Municipal
Garage:
0
Title to Land:
Fee Simple
Restrictions:
None Known
Bridgeland/Riverside
Bridgeland/Riverside
Flat Site
Private
Possession:
Negotiable
Possession Days:
60
Listed Date:
Days on Mkt:
Original Price:
Listed by REAL ESTATE PROFESSIONALS INC.
Data was last updated June 3, 2020 at 10:05 PM (UTC)
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.