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606 Meredith Rd NE 14,956 SF 100% Leased Retail Building Calgary, AB T2E 5A8 For Sale
Investment Highlights
- Direct accessibility to downtown Calgary and frontage on 4th street and Meredith Rd NE
- 100% occupied for ‘holding’ income
- Building underwent complete restoration in 2001
Executive Summary
This is a unique 0.48 acre development site, with 11 story potential (10 residential floors and commercial main floor) surrounded by a growing dense population with a Strong in-place income during planning or entitlement.
Urban scale rarely available in Bridgeland
Flexible exit strategies: hold, refinance, or redevelop
Well-suited for experienced investors or developers with ready capital
Urban scale rarely available in Bridgeland
Flexible exit strategies: hold, refinance, or redevelop
Well-suited for experienced investors or developers with ready capital
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,956 SF
Building Class
C
Year Built/Renovated
1910/2001
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.72
Lot Size
0.48 AC
Zoning
CM0210 Retail - Commercial Corridor 2 Multi Residential - Retail Shopping centre Strip
Parking
33 Spaces (2.21 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (97)
Nearby Major Retailers
1 of 55
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606 Meredith Rd NE
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