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- LoopNet Team
1635 38 St SW
Calgary, AB
17 & 38 Mixed-Use Development Site · Land For Sale
·
0.55 AC
INVESTMENT HIGHLIGHTS
- Approximately a 7-minute walk to 45 Street LRT Station and Westbrook LRT Station— two stops along the Blue Line LRT
- Less than 10-minute walk to the retail amenities along 37 Street SW
- Site is part of the Westbrook Communities Local Area Plan—a long-term vision plan for the Westbrook communities
- A five-minute drive to the Retail & Entertainment District (17 Avenue SW)
PROPERTY FACTS
DESCRIPTION
Jones Lang LaSalle Real Estate Services, Inc. and CIR Realty (collectively, the “Advisor”) has been exclusively retained to offer for sale a 100% freehold interest in the 17 & 38 Mixed-Use Development Site (the “Site”), located at 1635/1639 - 38 Street SW, Calgary, Alberta. There is an approved land use of MU-1f3.0h26 (Mixed-Use General), which allows for commercial and residential uses, to a maximum gross developable area of 3.0 FAR. This is an exceptional opportunity to acquire a development site in an established inner-city community with excellent exposure to 17 Avenue SW and easy access to major thoroughfares, public transit, and amenities. The Site is ideally situated to meet the growing demand for housing in the Calgary market. If immediate development is not desired, the existing retail strip could be repositioned as a value-add opportunity, for a longer-term hold. The Site is being offered for sale on a first come, first served basis.
