2401 5 Av NW - West HillHurst Land Assembly
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2401 5 Av NW - West HillHurst Land Assembly
0.67 Acres of Commercial Land Offered at $5,495,000 CAD in Calgary, AB T2N 0T3
Executive Summary
Once in a lifetime opportunity to purchase this Prime West HillHurst Location with over 2/3 of an Acre (29,250 SF+/-) 225' of Frontage with 130' of depth Fronting onto Grand Trunk Park, minutes from the University of Calgary, Alberta Children’s Hospital, Foothills Medical Centre, and Bow River pathways. It is bounded by Memorial Drive to the south, 19th Street NW to the west, and Crowchild Trail to the east. Massive Development Potential to Rezone this half-block to Mixed-Use to match adjacent properties, ideal for high-density development. This Ideal Site is Flat land, free of power poles, perfect for streamlined construction and development. Rental Income from Six houses currently generating income while planning your development.
Property Facts
Price | $5,495,000 CAD | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | Hold For Development |
No. Lots | 1 | Total Lot Size | 0.67 AC |
Property Type | Land |
Price | $5,495,000 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Hold For Development |
Total Lot Size | 0.67 AC |
1 Lot Available
Lot
Price | $5,495,000 CAD | Lot Size | 0.67 AC |
Price Per AC | $8,201,493 CAD |
Price | $5,495,000 CAD |
Price Per AC | $8,201,493 CAD |
Lot Size | 0.67 AC |
225' Frontage 130' Depth Flat Rectangular Lot
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Bike Score ®
Very Bikeable (88)
zoning
Zoning Code | RCG/MU1 (LAP allows for up to 4 storey, remainder of the block is zoned for 6 storey. it is suggested to up zone this 1/2 block to match the adjacent lots.) |
RCG/MU1 (LAP allows for up to 4 storey, remainder of the block is zoned for 6 storey. it is suggested to up zone this 1/2 block to match the adjacent lots.) |
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2401 5 Av NW - West HillHurst Land Assembly
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