Prime Development Opportunity – 0.25 Acre Lot on Centre Street North
An exceptional investment opportunity in the heart of Calgary! This rare 0.25-acre lot is ideally positioned just 6 minutes from downtown, offering unparalleled access to the city’s core. With high-density mixed-use zoning, this site is primed for a future development featuring main-floor retail and upper-level residential units—perfect for capitalizing on Calgary’s growing demand for centrally located commercial and residential spaces.
Centre Street North is a rapidly evolving corridor with increasing foot traffic, strong retail potential, and seamless connectivity to transit and major roadways. As Calgary continues to expand, this location offers investors and developers a strategic advantage in a high-demand market. Don't miss the chance to bring a visionary project to this thriving urban hub.
Inquire today to explore the potential of this prime development site!
Essential information
MLS® number
A2345082
Status
Active
Price
$2,650,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
118,404 sq ft
Lot size
44,867,242 sq ft
Year built
1949
Structure
Mixed Use
Listing brokerage
Homecare Realty Ltd.
Source
Pillar 9™ MLS® System
Exterior and construction
Frontage
9.48M 31`1"
Zoning
MU-2 f3.7h26
Community
City
Calgary
Province
AB
Postal code
T2E 2V4
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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$1,990,0002134, 3730 108 Avenue NE, Calgary
