625 2 AV NE - MLS® # C4210143

625 2 AV NE - MLS® # C4210143
  • Property Value $4,500,000
  • Living Area 121,150 sq ft.
  • Lot Size Area 20612.9 sqft
  • Type Multi Unit (Commercial)
  • Year Built 1965

Description

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.

625 2 AV NE, City Centre

Listing Provided By

REAL ESTATE PROFESSIONALS INC.

Last Updated

2020-01-20 11:58

Send us your questions about this property and we'll get back to you right away.

  • Security Code
625 2 AV NE - MLS® # C4210143

Additional Property Photos

Click a thumbnail to enlarge it.

** The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.