Active

1912, 1916 , 1924 37 Street SW

Calgary Alberta, T3E 3A3

$6,990,000


$445.85 per sqft

Active

15,678 sqft

Commercial

Built in 1957

Amazing Investment Opportunity in Killarney! Owned by the same family for 40+ years, opportunities like this are rare! Located on the corner of 17th Ave & 37 St SW, this massive land assembly is the perfect location for re-development. This parcel of land includes 4 titled properties: 3717 17 Ave SW & 1912, 1976 & 1924 37 St SW. At 290' x 120' the total available lot size is 34,800 ft. An income generator, all units are fully leased, many are long time tenants with approx $36,000 GMI. The property is comprised of 2 strip malls (MU-2 F5.0h26) and a 2 unit residential property (MU-2 F3.0h16) and currently allows for a potential of 162,000 sq ft of new development. The #2 Bus stops directly in front with excellent foot traffic and passenger vehicle exposure. Minutes to Westbrook Mall, Killarney Aquatic Centre and easy access to downtown make this a great location for a mixed use residential development.

A2096683

MLS ID

March 1, 2024

Listed

September 17, 2024

Updated

Map

1912, 1916 , 1924 37 Street SW
Calgary Alberta, T3E 3A3

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres

Other Property Details

Days on Market

7


Garage

No


View

No


County

Calgary


Pool

No


Zoning

MU-2 f5.0h26

Courtesy of ROYAL LEPAGE BENCHMARK, Chris Zaharko

Listing Contact: 403-253-1901 

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Data last updated 2:26 AM UTC, 9/17/2024

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