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2510 Centre N st - Tuxedo Block 0.49 Acres of Commercial Land Offered at $5,250,000 CAD in Calgary, AB T2E 2V2
INVESTMENT HIGHLIGHTS
- Prime land in the North Central district of Calgary offers a great investment or redevelopment opportunity.
- Excellent location for a mixed-use development, offers quick access to major routes while being within walking distance of downtown Calgary.
- The site is a parking lot that generates income.
- This is a great transit-oriented development opportunity with the future LRT planned on Centre Street.
- The area is very convenient, with all necessary amenities like grocery stores and coffee shops. Vibrant and young demographics.
EXECUTIVE SUMMARY
Prime land in the North Central district of Calgary offers a great investment or redevelopment opportunity for a developer who could maximize its potential. This is a great transit-oriented development opportunity with the future LRT planned on Centre Street. It is an excellent location for a mixed-use development, such as a purpose-built rental, offering quick access to major routes while being within walking or biking distance to downtown Calgary. The area is very convenient, with all necessary amenities like grocery stores and coffee shops. The vibrant and young demographics would welcome the redevelopment. The site is a parking lot that generates income.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
$48,677
|
$98,616.29
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$48,677
|
$98,616.29
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $48,677 |
| Annual Per AC | $98,616.29 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $48,677 |
| Annual Per AC | $98,616.29 |
PROPERTY FACTS
| Price | $5,250,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.49 AC |
| Property Type | Land | ||
| Zoning | MU - Mixed Use | ||
| Price | $5,250,000 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.49 AC |
| Zoning | MU - Mixed Use |
1 LOT AVAILABLE
Lot
| Price | $5,250,000 CAD | Lot Size | 0.49 AC |
| Price Per AC | $10,636,746.01 CAD |
| Price | $5,250,000 CAD |
| Price Per AC | $10,636,746.01 CAD |
| Lot Size | 0.49 AC |
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (86)
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2510 Centre N st - Tuxedo Block
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