Property Details

526 16 Avenue NW
Calgary (A2273010)

$5,299,000
11,000 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.)

Property details

Basic Info

MLS® #
A2273010
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Mount Pleasant
Price
$5,299,000
Sale/Lease:
For Sale
Size:
11,000 sq.ft.
Year Built:
1963 (62 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
0.51 acres
Zoning:
C-COR1 f4.0h24

Business Info

Business Type:
Retail

Materials & Systems

Heating:
Forced Air, Natural Gas

Listing Info

Possession:
Negotiable
Your Agent
  • Donna Wilson

    Sutton Group - Grande Prairie Professionals
    780-228-2224

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