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1906 Centre St NE - Centre Street Land 0.43 Acres of Commercial Land Offered at $4,750,000 CAD in Calgary, AB T2E 2S8


INVESTMENT HIGHLIGHTS
- Excellent location in the community of Tuxedo Park.
- Corner lot with access from two adjoining roads and back lane, drawing more design options for the developer.
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
$41,692
|
$96,868.03
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$41,692
|
$96,868.03
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $41,692 |
| Annual Per AC | $96,868.03 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,692 |
| Annual Per AC | $96,868.03 |
PROPERTY FACTS
| Price | $4,750,000 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Zoning | DC - Direct Control District | ||
| Price | $4,750,000 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.43 AC |
| Zoning | DC - Direct Control District |
1 LOT AVAILABLE
Lot
| Price | $4,750,000 CAD | Lot Size | 0.43 AC |
| Price Per AC | $11,035,194.14 CAD |
| Price | $4,750,000 CAD |
| Price Per AC | $11,035,194.14 CAD |
| Lot Size | 0.43 AC |
Corner lot with access from two adjoining roads and back lane, drawing more design options for the developer.
DESCRIPTION
This ±18,750 sq. ft. development site is prominently located in the vibrant Tuxedo Park neighborhood, offering exceptional frontage along Centre Street North and 18th Avenue NE. The corner lot configuration with rear lane access provides flexible design opportunities for a range of development concepts. Positioned just minutes from downtown Calgary, Deerfoot Trail, and SAIT, the site benefits from strong connectivity and proximity to future LRT expansion. Surrounded by a dense population with an average household income of $176,020, the area supports a wide variety of commercial or mixed-use potential.
Presented by
1906 Centre St NE - Centre Street Land
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