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1501 1 Street SE, Calgary

$2,500,000

About this property

Great Opportunities! Future Mixed-Use Development Site on Corner Location with Interim holding Income. Corner Lot of Prime location, steps to stampede grounds, BMO centre, 17th avenue shops and restaurants, transit and casino. CC-MHX ZONING ALLOWS FOR 3 TIMES SITE COVERAGE WITH NO LIMITATION ON BUILDING HEIGHT. This freestanding retail building located on a corner lot (1st street South bound Macleod Trail) and 15th Ave SE in the heart of Victoria Park. The existing building is 2,132 SF WITH 7 parking stalls. There is potential to build high rise and low rise building if unified with neighbor's vacant lot. Pls. see the photos for 2 possible developments options. NEW UPDATES: This building has been fully renovated to professional SPA with many upgrades. 3 professional rooms added in the main floor with brand new gorgeous shower, new flooring, new furnace and new heat water tank. This brings nice business income.

Essential information

MLS® number
A2118801
Status
Active
Price
$2,500,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
2,200 sq ft
Lot size
3,347 sq ft
Year built
1912
Structure
Retail
Listing brokerage
Century 21 Bamber Realty LTD.
Source
Pillar 9™ MLS® System

Exterior and construction

Lot features
Corner Lot
Zoning
CC-X

Parking

Total parking
7

Community

City
Calgary
Province
AB
Postal code
T2G 2J4

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

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The purchase

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The building

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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