VACANT LAND | NO DEMOLITION REQUIRED | DEVELOPMENT OPPORTUNITY Exceptional development opportunity in one of Calgary’s up-and-coming communities! This 50’ x 120’ vacant parcel is zoned MU-1 F3.0 H16, offering excellent flexibility for a mixed-use project. The site slopes toward the rear lane and may accommodate up to 15 above-grade parking stalls, subject to design and City approval. A proposed development concept includes approximately 1,000 sq. ft. of main-floor commercial space, along with 14 residential units: 1 one-bedroom, 10 two-bedroom, and 3 three-bedroom units. The concept provides for a total of **15 residential/commercial units and 15 parking stalls. Located in a high-traffic area with excellent visibility and exposure, this property offers strong potential for both commercial and residential income. An outstanding opportunity for builders, developers, and investors looking to capitalize on Calgary’s continued growth. Amazing location, close to The River, U of C, Foothills Hospital, public transit, parks and shops! All proposed uses, unit counts, parking, and development plans are subject to City of Calgary approval.
Essential information
MLS® number
A2338646
Status
Active
Price
$949,000
Property type
Land
Type
Residential Land
Transaction
For Sale
Restrictions
None Known
Lot size
5,995 sq ft
Listing brokerage
Royal LePage Blue Sky
Source
Pillar 9™ MLS® System
Exterior and construction
Frontage
15.24M 50`0"
Zoning
MU-1 f3.0h16
Community
City
Calgary
Province
AB
Postal code
T3P 0B1
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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5 photos$899,9002837 16 Avenue SE, Calgary
